German business confidence falls. A survey taken of German investors suggests confidence has fallen –  from a score of 17.5 to 10 in July. Looking at the performance of the DAX today you wouldn’t have thought so. The DAX closed up today at 12229 a 1.4% increase.  

UK construction growth falls Latest construction survey data of purchasing managers out today (02/08/17) from IHS Market/CIPS show UK construction sector growth fell below analysts expectations. IHS Market/CIPS index fell from 54.8 in June to 51.9 in July. PMI data for the service sector due on Thursday 3rd August 2017