Woww Japan Final Q2 GDP Up 0.2%, China Exports Data Rise Less Than Forecast, Imports Shrink Unexpectedly

Latest economic data from China, China's Inflation Rises, Industrial Production Growth Slows, China's inflation accelerated from a 30-month low in August, reducing possibilities of another monetary easing, while a weaker-than-expected industrial output growth put pressure for more stimulus

Meanwhile, New Zealand Manufacturing Activity Rises 0.3% In Q2, New Zealand's manufacturing activity by volume was up a seasonally adjusted 0.3 percent in the second quarter of 2012, Statistics New Zealand said on Monday, slowing from the 0.7 percent gain in the first quarter
 
From Tokyo economic news, Japan Final Q2 GDP Up 0.2% On Quarter, Japan's gross domestic product data added just 0.2 percent in the second quarter of 2012 compared to the previous three months, the Cabinet Office said on Monday in a revised reading - again suggesting that the recovery from the March 2011 earthquake and tsunami remains stuck in neutral

From Sidney economic news, Australia Home Loans Fall In July, The number of home loans approved in Australia declined in July led by a fall in housing finance commitments for the purchase of new dwellings, data from the Australian Bureau of Statistics showed Monday

Trading data from China, China Exports data Rise Less Than Forecast; Imports Shrink Unexpectedly, China's exports grew less than expected in August, while imports declined unexpectedly indicating weak private consumption in the economy, the latest figures from the General Administration of Customs showed Monday

Latest economic news from Seoul, South Korea Unveils $5.23 Bln Stimulus To Underpin Growth, South Korea has unveiled $5.23 billion stimulus measures to boost the domestic economy that is severely hit by the global slowdown

Fed's Turn To Revive Confidence….Its Fed's turn now after European Central Bank's Mario Draghi announced last week new outright monetary transactions or purchases of sovereign bonds of 1 to 3 year maturities. The program is unlimited in the sense no quantitative limits are set on the size of transactions