Via Robert Sinche at Amherst Pierpont Securities:
AUSTRALIA: Manufacturing PMI index for July, following sub-50 readings in 17 of the last 20 months, with a particularly low June reading at 44.2.
CHINA: The “official” Manufacturing and Non-Manufacturing PMIs will be released FRIDAY EVENING at 9:00pm , with the BBerg consensus at 50.1 for the Manufacturing index, down from 50.2 in June. The Markit measured Manufacturing PMI will be released Sunday evening, with a BBerg consensus at 48.3 from 48.2 in June.
S. KOREA: The Manufacturing PMI has plunged in recent months, having fallen to a 2 ½-year low of 46.1 in June, will little prospect of a strong rebound for July. The BBerg consensus expects the Trade data for July to be released Friday night to show a sharp -6.8% YOY drop in exports.
INDIA: The Manufacturing PMI was near its recovery low of 51.3 in June, with the July report due early Monday morning.
JAPAN: The final Manufacturing PMI will be released, with the 51.4 preliminary reading a 5-month high.
RUSSIA: The BBerg consensus expects the Manufacturing PMI to inch up to 48.8 in July from 48.7 in June, which would be the 8th consecutive reading below 50.
EURO ZONE: The EZ Manufacturing PMI is expected to be confirmed at 52.2, the 5th consecutive reading above 52, with the German Manufacturing PMI expected to be confirmed at 51.5 and the French PMI at 49.6. The BBerg consensus expects the Italy Manufacturing PMI at a solid 53.9 (54.1 in June) and Spain at54.3 (vs. 54.5 in June).
UK: The BBerg consensus expects the Manufacturing PMI to inch up to 51.5 from 51.4 in June; the 51.4 reading was the lowest since April 2013.
BRAZIL: The BBerg July Manufacturing PMI will follow a June reading of 46.5; the index has been below 50since February as the economy sinks into recession.
MEXICO: With the MXN reaching record lows versus the USD and CNY, the Manufacturing sector has been expanding, with the 52.0 reading for June the lowest since last July, but still sharply outperforming manufacturing in Brazil.