The HSBC finding echoed the results of China's official PMI, released on Saturday, which hit a nine-month low in August, falling to a lower-than-expected 49.2 from 50.1 in July. It was the first time the official PMI had fallen below 50 points, the threshold dividing expansion from contraction, since November 2011.

August marked the 10th straight month that the HSBC survey, which better reflects smaller and private-sector manufacturers, has been below 50

The employment sub-index fell for the sixth month in a row, to its worst reading since March 2009.

Disappointing data from China also dragged oil prices lower. Both an official manufacturing activity survey and HSBC�s China manufacturing Purchasing Mangers� Index showed conditions in the sector worsened, with the latter survey falling to a 41-month low. Oil futures slipped during European trading hours on Monday, after data showed manufacturing activity weakened in China and as the dollar moved higher.

China's growth for 2012 could fall to as little as 3%, well below the government's target of 7.5 % growth.

U.S. auto industry continues to buck economy; vehicle sales expected to top 14 millionU.S. auto industry continues to buck economy; vehicle sales expected to top 14 million. The good news for the industry overall is most automakers have been able to post gains without increasing incentive spending, and while experiencing higher transaction prices .

This was the third contraction in a row and joins the global PMI which now has 80% of the world in contractionary territory.

Applications for U.S. home mortgages fell last week as demand for refinancing slowed further and new home loans slipped, an industry group said on Wednesday.

ICSC/Goldman Retail Sales Index Dips 0.4% in Week.

U.S. nonfarm productivity increased at a much faster clip than previously thought in the second quarter as businesses squeezed more output from employees, while wage inflation was muted.

Economists had expected second-quarter productivity would be raised to a 1.8 percent rate. The revision reflects an upward adjustment to the country's second-quarter economic growth estimate to a 1.7% pace from 1.5%.

Stocks rallied on Thursday on positive economic data and the European Central Bank's agreement to launch a new and potentially unlimited bond-buying program to lower struggling euro zone countries' borrowing costs.

The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, also an upbeat signal for a labor market that has struggled to create enough jobs. The labor market is getting better and while the pace of improvement is nothing great, the direction is clear

On Tuesday, the ISM manufacturing report missed expectations, falling below 50, with a bunch of internals. But two days later, the counterpart ISM non-manufacturing (services) report came in very strong, with employment surging.

The differences between services and manufacturing is that manufacturing is highly exposed to exports to weak foreign nations, while services are not. It's simple. Here's a look at the ISM manufacturing export index. �Decent domestic growth, but weakness in areas exposed to Europe and China.

The health of housing, an endless debate, appeared a bit improved earlier this summer as data in August showed more homes sold and inventories of new homes depleted to record lows. By some measures, prices were rising.

The recent dip in the 30-year rate did little to bolster demand for refinancing, and applications for new mortgages also decreased.

U.S. unemployment rate falls to 8.1% even as job growth slows in August.
The reason was a huge amount of people who have stopped looking for jobs: labor force participation dropped to 63.5%, down from 63.7%, the lowest since 1981.
New job formation just 96,000 on expectations of 125,000.
The prior month�s data was revised lower by 22,000.
In short, 15,000 manufacturing jobs were lost, compared to the expected +10K.
College grads are at the highest unemployment rate since the BLS began tracking.
The real unemployment rate from the government�s report (U-6) is 14.7%
The report could lift hopes that the Fed will step in with a third round of quantitative easing, a program in which the central bank buys government debt in hopes of driving down interest rates and pushing investors to riskier assets.

1. The material contained on our Website and Economic Calendar must be used at your own risk. Material is believed to be reliable, but we do not guarantee its accuracy or validity, nor is Tradingvesting.com responsible for any errors or omissions which may occur. The analysis and/or recommendations made by Tradingvesting.com do not provide, imply, or otherwise constitute a guarantee of performance. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied.Tradingvesting.com website and material contained therein is not a solicitation to participate in the Futures/Stocks/Options Market. This Economic Calendar does not include Earning Releases, Announced Stock Splits, Upcoming Initial Public Offerings with Underwritings or Rating Changes. Tradingvesting.com has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Unless indicated otherwise: economic data is from the U.S and intraday data is at least 20 minutes delayed; all prices are in the local currency; Time is U.S. Eastern Time. Furthermore, there is a very high degree of risk involved in trading.Tradingvesting.com assumes no responsibilities for your trading and investment results, please red our Risk Disclosure.
   
   
2. Tradingvesting.com does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Tradingvesting.com and any authorized distributors of this information harmless in any and all ways. We respect your right to privacy, please click here to view our privacy policy.
   
   
3. U.S. Government Required Disclaimer - Commodity Futures Trading Commission.
   Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
   
   
4. CFTC rule 4.41:Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
   
   
5. Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Our linking to these sites does not constitute an endorsement of any products, services or the information found on them. Once you link to another site you are subject to the policies of the new site. By using this site, you agree to the Terms of Service, Privacy Policy and Risk Disclosure. Copyright � 2012 Tradingvesting, LLC. All rights reserved. If you have any questions regarding the Online Economic Calendar application, please contact us: click here.
   
   
   THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY MARKETS AND EQUITY MARKETS. PLEASE READ MORE AT: TERMS OF SERVICE.