Heavy in dollars, China warns of depreciation

China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.

http://uk.reuters.com/article/idUKTRE6820FX20100903



Mortgage rates hit decades-low of 4.32 percent

Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.

http://www.hbrn.com/loans/mortgage-rates-hit-decades-low-of-432-percent.aspx



Jobless rate rises

For the first time this year, the manufacturing sector lost jobs -- down a net total of 27,000 for the month. The auto industry accounted for 22,000 of those lost jobs, the department said. But those losses were largely due to a shift in the timing of the industry's summer shutdowns.

http://yhoo.it/cJ5IOC


From Information Clearing House



http://sharenews.twoday.net/search?q=mortgage
http://sharenews.twoday.net/search?q=jobless
http://sharenews.twoday.net/search?q=unemploy

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