- St Louis Federal Reserve President William Poole said on Monday the cost of higher inflation outweighed that of slower growth, although he also thought the news on prices has improved in recent months.
- The New York Federal Reserve's regional index of manufacturing increased from 13.8 to 22.9 in October, more than expected
- India's forex reserves came down by USD 30 million to stand at USD 165.275 billion.
- Canada's manufacturing shipments totaled C$49.8 billion in August, down 0.3% MoM
- Consumer confidence in Japan slipped from -6.7 to -11.0.
- The Bulgarian parliament voted unanimously to cut the country's company tax rate to 10 percent from January 1, 2007. The changes will make Bulgaria one of the two countries, along with Greek Cyprus, with the lowest corporate tax rate in the European Union when it joins the bloc next year.
- A study found that 87 percent of parents believe scholarships and grants will cover at least part of their children's undergraduate expenses, and nearly three-quarters think their children are "special or unique" enough to win a scholarship.
- Russia's central bank said it was starting to buy the Japanese currency for its reserves. The proportion of Russia's foreign exchange reserves currently invested in the yen was close to zero, but the bank would try to increase it to several percent of total reserves.
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