1️⃣ Yesterday's main news
- Fed Governor Waller: The Fed may announce a reduction in debt purchases before September.
- The text of the bipartisan infrastructure agreement completed this week is expected to vote on the bill.
- US Treasury Department cash balance drops to $459 billion.
- US ISM manufacturing unexpectedly fell back in July, Markit manufacturing PMI hit a new high.
- International Monetary Fund: USD valuation could be overvalued by 8.2%.
- The size of euro governments and investment-grade corporate bonds hit record highs.
- China Caixin manufacturing PMI fell to 50.3 in July, the lowest level since May 2020.
2️⃣ Financial facts and data today
- Reserve Bank of Australia announced the solution on interest rates
- the monthly rate of PPI in the euro area for June will be announced
- the monthly US factory order rate for June will be published
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