Wrapping up the data released from US.
Initial jobless claims dropped -2k to 210k in the week ended August 18, below expectation of 215k. Four-week moving average of initial claims dropped -1.75k to 213.75k. Continuing claims dropped -2k to 1.727m in the week ended August 11. Four-week moving average of continuing claims dropped -5k to 1.7355m.
PMI manufacturing dropped to 54.5 in August, down from 55.3 and missed expectation of 55.1. PMI services dropped to 55.2, down from 56.0 and missed expectation of 55.9. PMI composite dropped to 55.0, down from 55.7, hit a 4-month low.
House price index rose 0.2% mom in June, versus expectation of 0.3% mom. New home sales dropped to 627k in July, missed expectation of 651k.
