*Fed minutes drive equities stronger and the USD weaker
* China flash PMI weakened in August
* Singapore inflation lower than expected in July
* Focus on euro area flash PMIs
What to watch for today
EUR: PMI flash. The August flash PMIs for the euro area, France and Germany will be released today. Our economists expect the numbers to remain in their recent poor range, with the composite index falling slightly. The data should keep market expectations for further ECB easing elevated, leaving the EUR broadly vulnerable. On the policy front, Greece’s Prime Minister Samaras’s tour of European leaders continues today and is set to conclude with a meeting with Germany’s Chancellor Merkel on Friday.
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