South Africa Total New Vehicle Sales fell from previous 44.23 to 43.59 in July

Sep 2, 2024

CNY: Weak PMI and (too much) PBoC activity – Commerzbank

The Caixin manufacturing PMI for China rose somewhat unexpectedly this morning to 50.4 from 49.8 last month, but the market seems to be focusing on the official PMI.

BRL: Brazil's central bank now intervenes too – Commerzbank

Friday was an exciting day for the Brazilian real. It began with the news that the Brazilian Central Bank (BCB) had intervened in the spot market to the tune of USD 1.5 billion to support the Brazilian real.