Eurozone Private Sector Activity Fell to a 39-month Low, Spain Bond Yields Fall On Rescue European Central Bank Hopes

Good days, economic news from Tokyo we reporting, Japan August Trade Gap JPY754.127 Bln, Japan posted a merchandise trade deficit of 754.127 billion yen in August, the Ministry of Finance said on Thursday - sinking into the red for the ninth time in 11 months
Asian economic leader, China Factory PMI Edges Up; Still Points To Contraction In Activity, An indicator of China's manufacturing performance rose marginally in September from August's nine-month low, but continued to suggest deterioration in activity with production falling at the fastest pace in ten months. Flash results of a survey by Markit Economics and HSBC revealed Thursday that the purchasing managers' index (PMI) rose to 47.8 in September from 47.6 in August. A PMI reading below 50, however, suggests contraction of the sector
From Berlin we reporting, Eurozone Private Sector Faces Sharpest Contraction Since 2009, Eurozone private sector activity fell to a 39-month low in September, a survey showed, and the deterioration witnessed over the last few months signal that the single currency region is clearly heading into a severe recession. The composite output index, which measures activity in the manufacturing sector and the service sector, fell unexpectedly to 45.9 from 46.3 in August, preliminary data released by Markit Economics showed Thursday
Economic news from Madrid, Spain Bond Yields Fall On Rescue European Central Bank Hopes, Spain conducted a successful bond auction on Thursday, with borrowing costs falling amid hopes the country will request aid paving the way for the European Central Bank to purchase sovereign debt. In the first bond auction held by Spain after the European Central Bank announced its new bond purchase plan earlier this month, the treasury raised EUR 4.8 billion from the sale of its benchmark 10-year bond and a new 3-year bond, exceeding the top target of EUR 4.5 billion set for the sale
From U.S. Labor department, U.S. Weekly Jobless Claims Come In Above Estimates, While the Labor Department released a report on Thursday showing a modest drop in first-time claims for U.S. unemployment benefits in the week ended September 15th, jobless claims still came in above economist estimates, economic still gloomy
Meanwhile, Turkey May Avoid Further Monetary Easing Amid External Risks: Capital Economics, High external financing risks and inflation concerns would limit the scope for Turkey's central bank to engage in further monetary loosening, after it stepped into the easing mode this week by narrowing the `interest rate corridor' with a 150-basis point cut in the lending rate, Capital Economics Emerging Markets Economist William Jackson said Thursday