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Succinct summation of week’s events (11/04/2011)
Succinct summation of week’s events: Positives: 1) While Oct job gains were only 80k, the weakest in 4 months, the prior two months were revised up by a net 102k 2) Initial claims below 400k at 397k 3) Oct Vehicle sales in line with estimates but best level since Feb 4) China service indices mixed relative to expectations but both firmly above 50 5) Inida mfr’g PMI rises to 52 from 50.4 and South Korea rises a touch although remains below 50 6) RB of Australia cuts interest rates 25 bps to 4.5% to help economic growth as one of the only responsible central banks in the world gave themselves bullets over the past ... (full story)
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- Nov 4, 2011 4:26pm Nov 4, 2011 4:26pm
- Hareii
- Joined Jun 2011 | Status: Member | 840 Comments
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- Nov 5, 2011 4:56am Nov 5, 2011 4:56am
- Awin
- | Joined Oct 2011 | Status: Member | 13 Comments
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