1. BEIJING/SHANGHAI - Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, hitting global markets and increasing fears that the world's second-largest economy may be heading for a hard landing.

2. Wall Street opened sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth.

3. NEW YORK - The pace of growth in the U.S. manufacturing sector slowed in August to its weakest in over two years, according to an industry report released on Tuesday.

4. U.S. construction spending rose in July to the highest level in just over seven years as private outlays surged, providing another sign of solid economic momentum at the start of the third quarter.

5. Manufacturing activity in the U.S. expanded at the slowest rate in more than two years in August, dampening optimism over the strength of the economy and fanning hopes that the Federal Reserve could delay raising interest rates till the very end of 2015, industry data showed on Tuesday.

6. The dollar remained broadly lower against the other major currencies on Tuesday, as data pointing to a deepening economic slowdown in China spurred risk aversion, sending Asian equities lower, while investors eyed upcoming data on U.S. manufacturing activity.

7. Oil futures pulled back on Tuesday, as traders cashed out of the market to lock in gains after prices soared almost $10 a barrel over the past three sessions, the biggest three-day surge since 1990.

 

 

 

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1. U.S. stocks opened lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the possibility of a September rate hike alive.

2. China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40% crash in the country's stock markets since June. The main Shanghai Composite Index fell 3% Monday morning, before recovering some of its losses to close 0.8% lower. However, that still left it more than 12% down for the month of August, following a drop of more than 14% in July.

3. The euro remained modestly higher against the softer dollar on Monday after data showing that euro zone inflation remained low in August, adding to concerns that the European Central Bank may scale up its stimulus program.

4. The dollar remained moderately lower against the other major currencies on Monday, as renewed weakness in equities markets overnight weighed, although expectations for a September rate hike by the Federal Reserve limited losses.

5. Crude oil futures declined on Monday, as traders cashed out of the market after prices scored their biggest two-day percentage gain since 2009 last week.

 

 

 

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1. Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.

2. The dollar pared losses against the other major currencies on Friday, after data showed that the U.S. goods trade deficit narrowed last month, while U.S. personal spending rose less than expected.

3. Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria.

4. U.S. consumer spending picked up a bit in July as households bought more automobiles, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve interest rate hike this year.

5. U.S. personal spending rose less-than-expected last month, official data showed on Friday. In a report, the Bureau of Economic Analysis said that personal spending rose to a seasonally adjusted 0.3%, from 0.3% in the preceding month whose figure was revised up from 0.2%.

 

 

 

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1. U.S. stocks rose sharply on Thursday, a day after posting their biggest one-day gain in four years, as data showed the U.S. economy grew faster in the second quarter than initially thought.

2. The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year.

3. The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a steadily firming labor market.

Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 271,000 for the week ended Aug. 22, the Labor Department said on Thursday

4. The dollar extended gains against against the other major currencies on Thursday, after data showed that the U.S. economy grew more than initially estimated in the second quarter, boosting optimism over the health of the economy.

5. Crude oil futures rallied sharply on Thursday, as appetite for riskier assets improved amid a global stock market rally.

Crude oil for delivery in October on the New York Mercantile Exchange surged $1.46, or 3.78%, to trade at $40.06 a barrel during U.S. morning hours.

 

 

 

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1. A gauge of U.S. business investment plans posted its largest increase in just over a year in July, underscoring the durability of the economic recovery despite a slowing global economy.

2. U.S. stocks opened sharply higher on Wednesday, with all three major indexes up about 2 percent, after data showed durable goods orders rose more than expected in July.

Analysts had expected a fall of 4 percent. Orders for core capital goods, a proxy for business investment, rose 2.2 percent - the biggest gain in 13 months.

3. An influential Federal Reserve official did not comment on monetary policy or the U.S. economy, according to text of a speech on Wednesday that addressed the economic recovery in his region of the country.

4. Greek President Prokopis Pavlopoulos is expected on Friday to call a snap election for next month, an official at the presidency told Reuters, ending fruitless coalition efforts among parties deeply divided over the country's new bailout.

5. The euro was down more than 1% against the dollar on Wednesday after a senior European Central Bank policymaker warned that the risks to its short-term inflation target have increased and hinted at fresh easing to combat deflation.

EUR/USD was down 1.16% to 1.1386, extending its pullback from the eight-month highs of 1.1713 hit on Monday.

 

 

 

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