What happened this past week

Positives:

  • Thailand’s July inflation remains lowish @ 2.73% YoY, up from 2.56% in June
  • ECB hints it may buy more bonds
  • Payrolls in the U.S. climbed more than forecast in July as automakers and health-care providers boosted employment…

Negatives:

  • …but the  jobless rate unexpectedly increased to a five-month high @ 8.3%
  • UK economy continues to decline, BOE keeping rates on hold
  • Korea’s July exports drop -8.8%
  • Thailand’s export figures decrease sharply b/c of Euro region crisis

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