Japanese exports fell for a third straight month in August

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Source: Bloomberg
Japan's exports fell for a third straight month in August, as global demand slows. Nation's exports fell 5.8% from a year earlier, while analysts predicted Japan's exports to decline 7.3% last month. The trade deficit widened to 754.1 billion yen ($9.63 billion) in August, against an expected gap of 809.0 billion yen.
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Thu, 20 Sep 2012 15:18:10 GMT

Gold off the lows on jobless data

On Thursday, futures for gold came off a session low, following the release of the data on the U.S. unemployment, which was more pessimistic than expected. On the NYMEX, October delivery contracts for gold were traded at USD1,765.75 per troy once, which was a 0.2% fall for the U.S. morning trading session. Earlier, the prices hit USD1,755.75 per troy once, which was a session low.

Thu, 20 Sep 2012 14:56:09 GMT

Manufacturing PMI in Germany reached a 6-month high

Markit reported on Thursday that the first estimate of its manufacturing PMI in Germany was 47.3 in September, which is an increase from the August's final reading of 44.7. Economists, however, expected the index would rise at a more modest pace, reaching only 45.3. The German manufacturing index in September was the highest since March.

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