From Tokyo economic news, Japan October Trade Deficit JPY 549.0 Bln, Japan posted a merchandise trade deficit of 549.0 billion yen in October, the Ministry of Finance said on Wednesday, reflecting the results of slowing exports to China in a territorial island dispute
What a bad situation, Eurogroup Delays Decision On Greece; Talks To Continue On Nov. 26, Eurozone finance ministers on Tuesday failed to strike a deal on Greece, delaying further the approval of the much-awaited EUR 31.5 billion-loan installment despite fears that the country will run out of cash this month. The Eurogroup will meet again on November 26 to complete "further technical work on some elements of this package," Eurogroup President Jean-Claude Juncker said
Asian economic leader economic index, China's Leading Economic Index Signals Build-Up Of Positive Momentum, A leading indicator of economic activity in China rose at a faster pace in October, suggesting that a moderate rebound is underway, a report from the Conference Board showed Wednesday. The leading index rose 1.5 percent month-on-month in October to 245.5, following a 0.2 percent increase in September. Five of the six components contributed positively to the index in October
From Britains banking industry, Bank Of England Split On QE; Unanimous On Rates, Bank of England policymakers decided to retain quantitative easing at GBP 375 billion through a split vote early November, as David Miles sought an increase of GBP 25 billion citing the slackness in the economy, while all other eight members assessed the current size as appropriate
Meanwhile from U.S. Labour dept, U.S. Initial Jobless Claims Pull Back In Line With Estimates, First-time claims for U.S. unemployment benefits showed a notable decrease in the week ended November 17th, the data is according to a report released by the Labor Department on Wednesday, although the data continued to reflect distortions due to Hurricane Sandy
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