Oil & gas and industrial metals stocks came under pressure at the start of the month after weaker than expected Chinese manufacturing data was released in July.

The official manufacturing PMI released on Sunday fell to 49.0 in July from 50.2 in June (consensus: 50.4).

Covid-19 restrictions in cities like Tianjin have been tightened over the month, and officials in Shenzhen have agreed on measures to contain a…

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