Thursday, November 01, 2007

Quick Overview

  • The Fed injected $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001.

  • U.S. personal incomes rose 0.4% in September, as expected

  • U.S. Consumer spending rose 0.3%, less than expected.

  • The Institute of Supply Management's index of manufacturing fell from 52.0 to 50.9 in October, weaker than expected.

  • Australia's retail sales rose 0.8% in September.

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