Weakening global manufacturing data and markets

China

Chinese manufacturing activity has contracted for 11th consecutive month in September as per HSBC China Manufacturing purchasing managers index (PMI).

U.S.A

Bureau of Economic Analysis on Thursday revised down the nation’s economic growth in the second quarter to a measly 1.3% annual rate,
down from its previous estimate of 1.7%
Census Bureau : orders for durable manufactured goods plunged 13.2% in August, compared with a 3.3% increase in July.

India

HSBC manufacturing Purchasing Managers' Index (PMI) eased for the second month to 52.8 in August, its lowest level since November, from 52.9 in July

 

Brazil

Brazil's central bank on Thursday revised downward the country's 2012 GDP growth forecast from 2.5% to 1.6%.