- The Dow industrials rose 215 on Citigroup's cash infusion from Abu Dhabi, and a more than $3 break in oil. Middle Eastern and Asian investment funds have invested an estimated $37bn in shares of western financial companies so far this year.
- U.S. Home prices fell 4.5% in the third quarter from a year earlier
- The Conference Board's index of consumer confidence fell from 95.2 to 87.3, the lowest score since Hurricane Katrina.
- Business confidence in Germany rose from 103.9 to 104.2 in November, stronger than expected
- YoY GDP in South Africa rose 4.7%
- Rumors have it that OPEC may increase daily production by 500,000 barrels when they meet on December 5th.
- The USDA expects Colombia's coffee production to increase from 12.2 to 12.4 million bags in 2007-2008.
- China's National Grain and Oil Trade Center sees a 2007 grain and oilseed supply shortfall of 26 million tons.
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