German manufacturing extends decline in September

Note: This section contains information in English only.
Source: RTTNews
Germany's manufacturing sector fell further in September, however, posting the slowest rate of contraction in six month, Markit Economics said on Thursday. The seasonally adjusted manufacturing PMI advanced to 47.3, compared to 44.7 in August. Economists had forecast a reading of 45.2. Meanwhile, service PMI surged to 50.6 September, signing expansion, from 48.3 in previous month.
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Thu, 20 Sep 2012 13:40:12 GMT

Spain managed to sell 4.8 billion of government debt

On Thursday, Spain sold its government debt worth 4.8 billion Euros, which is the biggest amount since January. The Treasury in Madrid managed to sell 3-year bonds for 3.94 billion Euros at the average yield of 3.845%, and 859 million benchmark 10-year government bonds at the average yield of 5.666%, compared to a 6.647% yield at a similar auction last month.

Thu, 20 Sep 2012 10:47:13 GMT

Gold slids on stronger U.S. Dollar, China data

Gold futures tumbled in electronic trading on Thursday, corresponding to losses across commodities, as the greenback advanced and data showed China's manufacturing held weak in September. December-delivery gold declined 0.4% to $1,764.50 per ounce. Same month copper fell 1.69%. Platinum for October delivery dropped 2.4% and silver for the same month slipped 0.7%.

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