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Published on Tuesday, August 25, 2015 | Updated on Wednesday, August 26, 2015

Market Comment | Global markets rebound despite new plunge in China`s equity market

In the US, mixed data is released in several fronts. June´s FHFA house-price index rose less than expected (by 0.2% MoM; consensus: 0.4%) while July´s rise in new-home sales also disappointed (+26K to 507K; consensus: 510K). More recently, August´s Markit composite PMI index decreased by 0.7 points (to 55.0) with the services PMI falling […]