2012年9月3日星期一

That and other economic indicators

That louis vuitton website for handbags and other economic indicators could persuade the European Central Bank as soon as this week to take action, such as cutting its benchmark interest rate, already at a record low, or setting out plans to buy the government bonds of weaker member states, including Spain. "We expect the ECB to cut interest rates from 0.75% to 0.50% by October, with a move very possible as soon as its September meeting this Thursday," said Howard Archer, economist at consultancy IHS Global Insight. Enlarge Image Manufacturing in South Korea, whose louis vuitton website outlet exports have been hit hard by weakening foreign demand, shrank in August, though less sharply than in July. In Taiwan, which also depends heavily on consumers overseas, the pace of the contraction deepened. India's manufacturing continued to expand, but at a slower pace, while in Indonesia—Southeast Asia's biggest economy—manufacturing picked up steam, offering a tentative positive signal for Asia's prospects. Asia's economy "is slowing, perhaps a little bit more than people were planning for, but it's still outgrowing every other part of the world," said Endre Pedersen, managing director for fixed income at Manulife Asset Management, which manages $37 billion in louis vuitton website usa Asian fixed-income investments.

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