The unemployment rate in the Eurozone came in unchanged at 6.6% for June, while manufacturing PMI fell to 49.8 in July from 52.1 in June. Retail sales in Germany declined 1.6% month-over-month in June versus a revised 1.2% increase in May, while the country’s manufacturing PMI rose to 49.3 in July from a preliminary level of 49.2. The S&P Global/CIPS UK manufacturing PMI fell to 52.1 in July from a preliminary reading of 52.2, while Italian manufacturing PMI declined to 48.5 in July from 50.9 in June. The S&P Global manufacturing PMI for France dropped to 49.5 in July from 51.4 a month ago.

The official NBS Manufacturing PMI for China declined to 49.0 in July from 50.2 a month ago, while non-manufacturing PMI fell to 53.8 in July versus a 13-month high level of 54.7 in the previous month. The S&P Global Australian manufacturing PMI slipped to 55.7 in July from 56.2 in June. The au Jibun Bank Japanese manufacturing PMI dropped to 52.1 in July from a final reading of 52.7 in June. The S&P Global Indian manufacturing PMI, however, surged to 56.4 in July compared to a nine-month low level of 53.9 in June. Hong Kong's economy contracted by 1.4% year-over-year during the second quarter.

• Alibaba Group Holding Inc. (NYSE:BABA) has said it will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the New York Stock Exchange (NYSE) and the Hong Kong Stock Exchange. The firm’s statement comes after it was reportedly placed on a de-listing watch by the U.S.
• Li Auto, Inc. (NASDAQ:LI) reported Monday a month-over-month decline in July deliveries. The company said its Li L9 SUV launched in late June has received positive feedback from customers.
• Tuesday Morning Corporation (NASDAQ:TUEM) said that the company’s Chief Financial Officer Jennifer Robinson is departing to pursue other opportunities effective August 15, 2022. The company named current COO Marc Katz as Interim CFO.
• Luxury jewelry brand Tiffany & Co. is selling 250 exclusive diamond pendants to CryptoPunk NFT holders. The LVMH Moet Hennessy Louis Vuitton-owned company unveiled the “NFTiff” collection over the weekend.