ECB Left its Key Interest Rates Unchanged, U.S. Weekly Jobless Claims Show Unexpected Drop

Hello friends, From Toyko economic news, Japan Core Machine Orders Contract 4.3%, Core machine orders in Japan fell a seasonally adjusted 4.3 percent on month in September to 686.2 billion yen, the Cabinet Office said on Thursday - falling for the second straight month

Aussie economic news, Australia Unemployment Steady At 5.4%, Australia's unemployment rate jumped to a seasonally adjusted 5.4 percent in October, the Australian Bureau of Statistics said on Thursday

Greek debt crisis latest update, Greek Parliament Approves Crucial Austerity Bill, Greek lawmakers have backed a crucial austerity bill by a thin majority in the 300-member Parliament, clearing the way for the country to secure the next bailout tranche worth EUR 31.5 billion

Eurozone leader, German Exports Plunge On Weak European Demand, Germany's exports declined in September at the fastest pace since December 2011, reflecting subdued demand from Europe and underpinned the assessment that the growth-engine of the single currency bloc will remain weak at the end of 2012. Exports declined 2.5 percent in September from a month ago, offsetting a 2.3 percent rise in August, Destatis said Thursday

London enconomic news, Bank Of England Sits Tight On QE, The Bank of England decided not to provide another cash injection, as the economy exited a double-dip recession and the positive impact of the Funding for Lending Scheme is yet to fully filter into the economy. The nine-member Monetary Policy Committee governed by Mervyn King maintained its quantitative easing at GBP 375 billion

From Eurozone update, European Central Bank, Holds Fire As Eurozone Outlook Erodes. The European Central Bank left its key interest rates unchanged for the fourth consecutive month on Thursday amid signs of an increasingly deteriorating euro area economy with record high unemployment. Policy makers chose to maintain the status quo as the ECB waits for Spain to seek help from international lenders, which will allow it to kick-start a fresh round of government bond buying

From U.S. Labour dept, U.S. Weekly Jobless Claims Show Unexpected Drop, While the Labor Department released a report on Thursday showing an unexpected drop by first-time claims for U.S. unemployment benefits in the week ended November 3rd, the data was likely skewed as a result of Hurricane Sandy

Meanwhile, U.S. Trade Deficit Unexpectedly Narrows In September, With the value of exports increasing at a faster rate than the value of imports, the U.S. Commerce Department released a report on Thursday showing that the U.S. trade deficit unexpectedly narrowed in the month of September