Germany Markit Manufacturing PMI above forecasts (53.2) in August: Actual (53.3)

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Sep 1, 2015

Germany Unemployment Rate s.a. in line with forecasts (6.4%) in August

USD/JPY extends the drop below 120, risk-off sentiment intensifies

The USD/JPY pair keeps falling in the European morning, unable to resist the 200-DMA, as the prevailing risk-aversion continues to benefit the Japanese yen as European traders digest the latest weak China data amid ongoing sell-off in the European indices.