Japanese Tankan manufacturing index fell in Q3

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Source: Bloomberg
Japanese businesses sentiment deteriorated in the third quarter of 2012, a sign the world's third biggest economy is slowing, the Bank of Japan reported Monday. Tankan Manufacturing index dropped to a seasonally adjusted -3, down from -1 in the previous quarter. A reading above 0.0 indicates improving conditions, while any reading below indicates worsening conditions.
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Mon, 01 Oct 2012 15:51:40 GMT

U.S. manufacturing rebounded in September

The U.S. manufacturing sector rose unexpectedly last month, after three consecutive months of contraction, indicating the industry is stabilizing. The Institute for Supply Management reported that he ISM manufacturing PMI rocketed to 51.5, up from 49.6 in August, while analysts had expected factory index to remain under 50, a level which indicates industry expansion, for the fourth straight month, at 49.7.

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