International News
- US initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 207,000 for the week ended September 29.
- US Philly Fed’s index for current general activity jumped to 22.9 in September after tumbling to 11.9 in August.
- US ISM manufacturing index reached 59.8 in September down from 61.3 in August.
- The UK economy expanded 1.2% annually in Q2 compared to 1.1% in Q1.
- UK Markit /CIPS (the Index measures the performance of the manufacturing sector and is derived from a survey of 600 industrial companies) Purchasing Managers’ Index (PMI) posted 53.8 in September, following an upwardly revised figure of 53.0 in August.
- Eurozone manufacturing PMI was 53.2 in September compared to 54.6 in August.
- Eurozone flash consumer confidence index dropped to -2.9 in September from -1.9 in August.
- Eurozone inflation rose marginally to 2.1% in September from 2% in August.
- Japan industrial production was up 0.7% on month in August following the 0.1% decline in July.
- Bank of Japan’s meeting minutes shows that a few board members said the central bank must take into account more the potential demerits of ultra-easy policy, such as the impact on the country’s banking system.
- China suggests to work with India in Maldives after poll shocker.
- China eyes anti-terror force to protect overseas interests.
Last Updated: 30th September 2018
Next Update On: 15th October 2018
Update Frequency: Once Every Fortnight
