The euro-area economy got an unexpectedly strong boost from the Paris Olympics, which propelled private-sector growth to the fastest pace in three months.
S&P Global’s composite Purchasing Managers’ Index jumped to 51.2 in August from 50.2 in July, exceeding even the most optimistic forecast in a Bloomberg survey of analysts. In Chicago, Democrats used the third night of their convention to offer an open hand to the swing voters outside the country’s coasts. Democratic vice-presidential nominee Tim Walz has officially accepted his nomination as he took centre stage. In an energetic speech, he said Kamala Harris was the right choice to make middle-class Americans more wealthy.
Today’s guests: Ozan Tarman, Deutsche Bank; Natasha Lindstaedt, University of Essex
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:36 – Euro area economy sees surprise boost by Paris Olympics
00:04:43 – Ozan Tarman, Deutsche Bank
00:13:36 – Bavarian Nordic CEO: ramping up Mpox vaccine production
00:14:58 – Mpox risks heightened in Central Africa
00:17:37 – Deutsche Bank to review payouts on boost from postbank progress
00:19:43 – Headlines
00:20:45 – UK August PMI data
00:27:51 – Tim Walz formally accepts Democratic VP nomination at DNC
00:36:12 – Natasha Lindstaedt, University of Essex
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