From Tokyo economic data, Japan Core Machine Orders Fall 3.3% In August, Core machine orders in Japan dipped a seasonally adjusted 3.3 percent on month in August to 717.3 billion yen, the Cabinet Office said on Thursday - contracting for the first time in three months
Minutes meeting of Bank of Japan we reporting, Bank Expands Asset Purchases Program, Members of the Bank of Japan's monetary policy board said that economic conditions in the country warranted the increase of the central bank's asset purchase plan, minutes from the board's September 18-19 policy meeting revealed on Thursday
Latest unemployment rate from Aussie, Australia Unemployment Rate Climbs To 5.4%, Australia's unemployment rate jumped to a seasonally adjusted 5.4 percent in September, the Australian Bureau of Statistics said on Thursday
Meanwhile, Bank Of Korea Cuts Rates To 2.75%, The Bank of Korea's monetary policy board on Thursday elected to cut the nation's benchmark interest rate by 25 basis points, from 3.00 percent to 2.75 percent
Another downgrades, S&P Downgrades Spain's Rating On Mounting Risks To Public Finance, Standard & Poor's Ratings Services downgraded its sovereign ratings on Spain by two notches to the lowest investment grade, highlighting the mounting risks to public finances from rising economic and political pressures. The outlook on the long-term rating remained negative, reflecting S&P's assessment of significant risks to the country's economic growth and budgetary performance and a lack of a clear direction in Eurozone policy. (Oct 11, 2012)
Latest update from IMF we reporting, IMF Chief Says Greece Needs Two More Years To Meet Target, International Monetary Fund Managing Director Christine Lagarde said the struggling euro area member Greece requires two more years to meet its budget targets and should be brought back to its feet. "This is what we advocated for Portugal, this is what we advocated for Spain, and this is what we are advocating for Greece, where I said repeatedly that an additional two years was necessary for the country to actually face the fiscal consolidation program that is considered," Lagarde said.
Positive economic data from U.S. Labour department, U.S. Weekly Jobless Claims Unexpectedly Show Steep Drop, First-time claims for U.S. unemployment benefits unexpectedly showed a notable decrease in the week ended October 6th, according to a report released by the Labor Department on Thursday, with jobless claims falling to a four-year low
Another economic data U.S. Trade Deficit Slightly Wider Than Expected In August, With the value of exports falling at a much faster rate than the value of imports, the Commerce Department released a report on Thursday showing that the U.S. trade deficit came in slightly wider than expected in the month of August
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