Japanese CSPI fell more than expected in August

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Source: Forexpros
Japanese corporate service price index fell more than expected in August, posting a third straight drop, the Bank of Japan said on Tuesday. Nation's CSPI fell to a seasonally adjusted annual rate of -0.3% from the previous month, after falling a revised 0.1% in July. The reading came in lower than the median analyst forecast of -0.2%. 
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Tue, 25 Sep 2012 15:09:23 GMT

SNB bought about €80bn Euro core debt

The Swiss National Bank has bought around 80 billion euros of sovereign debt in the euro area's core countries  during the first seven months of 2012, to stem the appreciation of national currency, Standard & Poor's said on Tuesday.

Tue, 25 Sep 2012 16:03:34 GMT

Hong Kong stocks flat after POBC comments

Hong Kong shares were steady on Tuesday amid the national economic growth concerns.  Recently, Standard & Poor's has revised down its China's 2012 growth estimate from 8% to 7.5%, citing government's reluctance to launch stimulus measures. Hopes for further RRR cuts were dampened on Tuesday after the POBC announced that it would pump 290 billion Yuan into the financial sector

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