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JPM economist Daniel Silver noted.....>

US DATA REACT
US DATA REACT: JPM economist Daniel Silver noted "there was not a very clear
message across the national manufacturing survey data reported for July". He
also said "the ISM manufacturing survey's headline declined 1.5-pts to 56.3 in
July, and meanwhile, the headline composite for the Markit manufacturing PMI
increased to 1.3-pts to 53.3." 
- He added that "the recent changes in the regional manufacturing survey data
have also varied, but many of the indicators weakened between June and July."

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