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ECB's Simkus: No reason to adjust rates now

European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Tuesday that there is “no reason to adjust rates now.”

Additional quotes

But it is more true than not that another rate cut is coming.

Some risks to the economy are materialising.

TTF Gas prices climb as Norwegian flows drop – ING

European natural Gas prices edged higher as Norwegian supply disruptions intensified, with extended maintenance at the Troll field cutting flows to Europe.
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ISM Manufacturing PMI expected to improve slightly in August, but remain in contraction

The Institute for Supply Management (ISM) is scheduled to release the August Manufacturing Purchasing Index this Tuesday. The index is a trusted measure of the health of the United States (US) manufacturing sector, closely followed by market players.
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