A quiet start to a turbulent stock market week, a weekend in America and a political fiasco in Germany
Market reviews
• It was a quiet start to the month, with holidays in the US and Canada sapping liquidity ahead of a flood of data culminating in US employment data on Friday. Wall Street and European stock futures were little changed.
• Asian PMIs were solid for August, with China's Caixin jumping to 50.4, beating expectations of 50.0, although it also showed the first decline in new export orders in eight months. However, Chinese shares still fell, weighed down by losses in the property sector. Japan's PMI also improved to 49.8, with business investment picking up in the second...