China non-manufacturing PMI drops in July

Note: This section contains information in English only.
Source: Bloomberg
China's non-manufacturing index slipped to 55.6 from 56.7 in June, as reported by National Bureau of Statistics in Beijing on Friday. The report shows that the decline in China's industrial production and exports may be expanding to services adding weight on Premier Wen Jiabo to find new policies to ease the slowdown.
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Fri, 03 Aug 2012 08:27:02 GMT

U.S. treasuries hold top-performing position

U.S. treasuries continued to top-perform among  world's bonds over three straight month before U.S. jobs data, which is expected to show an unemployment rate stagnation at 8.2%. 10-year and longer government securities regained 9.8% in the period, the rise was the biggest among 144 bond indexes. Average 10-year yields were 1.47%, after a record low of 1.38% on July 25.

Fri, 03 Aug 2012 15:55:10 GMT

Wall Street slumped on Draghi's comments

Wall Street fell on Thursday as the ECB announced no plan of action to address Eurozone's debt crisis. The Dow Jones Industrial Index dropped 0.7 per cent, to 12,886.52; the S&P 500 Index tumbled 0.7%, to 1,366.50, and the Nasdaq Composite declined by 0.1 per cent, to 2,917.17. Meanwhile, the ECB is planning to cooperate with governments in bond-purchasing program in order to stimulate Eurozone's economy,

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