Quick Overview

• The Fed announced coordinated measures with the Bank of Canada, European Central Bank, and Swiss National Bank to add liquidity to the markets.
  

• Australia December Consumer Confidence rose 1.8% vs. a drop of 4.2% in November.

• Japan’s wholesale prices rose 2.3% in November
  

• Japan October Current Account was +¥2565B (+¥2277B expected)
  

• YoY Indian industrial production rose 11.8% in October
  

• China November Retail Sales rose 18.8% YoY (18.0% expected)
  

• U.K.'s October unemployment rate improved to 5.3%, from 5.4% last month.
  
  

• The U.S. Department of Energy said that:
  Supplies of crude oil fell 700,000 barrels to 304.5 million barrels.
  Supplies of gasoline rose 1.6 million barrels
  Supplies of heating oil supplies fell 1.0 million barrels.
  Refinery use fell from 89.4% to 88.8% of capacity.
  Gasoline demand rose 0.4% YoY
  Distillate demand rose 4.3% YoY.