Archive for September 1st, 2011

Monthly Strategy – September 2011

Not much has changed from August. The leading economic indicator are not pointing to any king of recovery from recent weakness.

U.S. Initial Jobless Claims At 407.000; Down 12.000

Initial jobless claims in the U.S. were reported at 407.000 vs. 410.000 consensus and last week revised (up 4.000) reading of 421.000.

August China Official PMI At 50.9; HSBC/Markit China PMI At 49.9

Official (China Federation of Logistics & Purchasing and National Bureau of Statistics) China PMI rose form 50.7 to 50.9; Consensus was at 51.0.
HSBC/Markit PMI rose from 59.3 to 49.9.


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