Quick Overview

• U.S. Treasury’s Henry Paulson is confident an agreement will soon be reached that will help thousands of homeowners avoid mortgage defaults by temporarily holding their interest rates steady.
  

• Japan Q3 Capital Spending rose 3.4% YoY
  

• Australia's Oct. Trade Balance out at -2983M vs. -1800M expected.
  

• EU 13 unemployment fell to 7.2 % in October.
  

• The Institute for Supply Management’s manufacturing index fell to 50.8 in November -- the fifth straight monthly decline.
  

• The U.S. average price of diesel pushed past a record level for the third time in four weeks, rising 3.4 cents a gallon to $3.444.
  

• Gold demand in China, including the mainland, Hong Kong and Taiwan, rose 24 percent in the third quarter to 88.1 tons, the World Gold Council said.
  

• The U.S. national debt is expanding by about $1.4 billion a day -- or nearly $1 million a minute.
  
  

• Thailand’s economy grew 4.9% YoY.
  

• Manufacturing in the U.K. rose from 52.8 to 54.4 in November.