US DATA: July Chicago PM index 58.8 vs 61.1 June, below
expectations. The Assoc says the index “stabilized at the average of the
May and June readings. The report was characterized by substantial
declines in EMPLOYMENT and SUPPLIER DELIVERIES. Still, the Business
Barometer posted its 22nd month of expansion.” New orders 59.4 vs 61.2;
Employment 51.5 vs 58.7. Prices paid 71.7 vs 70.5.