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China’s Manufacturing Drops To Six-Month Low

🇨🇳 🇨🇳 China’s Caixin manufacturing PMI fell to a six-month low of 49.2 in July, worse than estimates and entering contractionary territory for the first time since April
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BP’s 2Q Profit Plunges

🇬🇧 🇬🇧 BREAKING: Oil major BP reports steep drop in second-quarter profit on lower energy prices
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RBA Leaves Rates Unchanged

🇦🇺 🇦🇺 BREAKING: The Reserve Bank of Australia held interest rates at 4.1% for a second month on Tuesday, in another reprieve for mortgage holders after inflation recently slowed more than expected
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HSBC Reports 89% Rise In Pre-Tax Profit

🇬🇧 🇬🇧 BREAKING: HSBC sees 89% rise in quarterly pre-tax profit, beating analysts’ expectations
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The S&P Has A New Price Target

🎯 🎯 The S&P 500 has a new—and much higher—price target and Citigroup has now joined the bullish camp
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