
At 03:45 (GMT+2), China will publish the Caixin Manufacturing PMI for July. The indicator reflects the state of business activity in the national manufacturing industry based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for its further development is assessed. It may fall from 51.8 points to 51.6 points, putting pressure on the yuan.

