Monday, October 8, 2012

Market Movers 8-Oct-12

 
  • China HSBC September Services PMI comes at 54.3 vs previous reading of 52. 
  • Hong Kong September HSBC PMI falls to 49.6 from 50.5 in August. 
  • World Bank cut GDP forecast for:
    -> Developing East Asia Pacific for 2012 to 7.2% (from 7.6%), for 2013 to 7.6% (8.0% ).
    -> Cuts China forecast for 2012 to 7.7 % (8.2% ), fo2 2013 to 8.1 % (8.6%).
  • New Zealand September House Price Index rises to 5.0% on y/y basis and 0.6% on mon/mon basis.
  • Australia September Overall Job Ads comes down 2.8% on mon/mon basis.



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