Woww U.S. Weekly Jobless Claims Unexpectedly Rise To 372,000, Singapore Inflation Eases To 4% In July

Good days friends, U.S. Stocks are likely to move to the downside in early trading on Thursday following a disappointing U.S. jobs report. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 30 points, here is the details

Based on the U.S. Labor department, U.S. Weekly Jobless Claims Unexpectedly Rise To 372,000 First-time claims for U.S. unemployment benefits unexpectedly showed a modest increase in the week ended August 18th, according to a report released by the Labor Department on Thursday
 
China in dangerous zone, it described by the latest China's Aug Manufacturing Activity At 9-Month Low, China's manufacturing sector contracted in August at the fastest pace in nine months suggesting that producers are struggling with strong global headwinds, a closely watched survey showed Thursday.

Largely due to a fall in factory orders, the flash HSBC manufacturing Purchasing Managers' Index dropped to 47.8 from 49.3 in July, Markit Economics said. New export business dropped at the sharpest rate since March 2009. Actually based on the data, The manufacturing output index shrank this month to 47.9, a 5-month low.
 
Meanwhile, from Singapore we reporting, Singapore Inflation Eases To 4% In July, Singapore's annual inflation slowed at a faster-than-expected pace in July, due to more moderate more increases in costs of accommodation, private road transport and oil-related items, latest data showed Thursday

Latest economic news from Berlin we reporting German Economy Expands In Q2 On Exports, Spending, The German economy expanded for the second straight time during the quarter ended June as robust growth in exports and domestic spending offset contraction in investment, data from Destatis showed Thursday

Meanwhile, Eurozone private sector contracted for the seventh successive month in August indicating that the economy is moving firmly into a recession. What a great nitemare, Output as well as new orders continued to shrink as a perfect combination of austerity and financial market tension dampen both domestic and foreign demand, of course. The composite output index rose marginally to 46.6 from 46.5 in July, flash estimate from Markit Economics showed Thursday