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