Morning Bid: Markets brace for BOE as China PMI cheers

News Snapshot:

Flowers grow outside the Bank of England in the City of London, Britain, July 30, 2023. REUTERS/Hollie Adams/File Photo A look at the day ahead in European and global markets from Brigid Riley The Wednesday "hump" may have passed, but the week is far from over as we head into this data-heavy day, with a Bank of England rate decision and Apple earnings topping the schedule. The BOE is leaning toward a 25 basis point hike after the inflation gods took some pity on the UK last month. CPI now sits at a balmy 7.9%, easing off 8.7% in May....