What happened this past week?

Positives:

  • US Oct Payrolls increase a net 171k (est 125k), 184k (est 123k) of which in the private sector which is the most since Feb helped by an unexpected increase in mfr’g hiring.
  • Thai consumer confidence increases
  • Passenger traffic through Thailand’s 6 major airports hit another all time high
  • Thai Apple fanboys rejoice at the official Iphone 5 release in Thailand
  • Mfr’g PMI’s increase in China, Taiwan, South Korea and India from prior month.
  • If you love money printing, BoJ brings another 11T yen.
  • India cuts RR to help economy.

Negatives:

  • Laos is about to launch 4G will Thailand is still bickering over 3G….
  • BOT downgrades growth expectations from 5% to 4.6% in 2013, keeps 2012 at 5.7%
  • German unemployment rises more than expected.
  • Final euro zone mfr’g PMI 45.4 v 46.1 in Sept, 15th month below 50.
  • UK consumer confidence at 6 mo low and mfr’g PMI falls to 47.5.
  • Euro zone Economic Confidence at lowest since July ’09.

 

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