Italy Markit Manufacturing PMI below expectations (52.6) in July: Actual (51.9)

FXStreet.com (Barcelona)

Aug 1, 2014

TLTROs unlikely to reactivate the bank lending channel - Goldman Sachs

The Goldman team of analysts are skeptical about the effectiveness of the ECB's TLTRO program, introduced in June and aimed at reactivating the bank lending channel of monetary policy transmission in the Euro area.

Chinese PMI continues to improve – Danske Bank

The recent Chinese manufacturing PMI confirms the solid pace of the economic recovery, suggested Jens Pedersen, Analyst at Danske Bank....