Tuesday, November 18, 2008

Quick Overview

  • U.S. producer price index fell 2.8% in October, the biggest monthly decline on record.

  • U.K. consumer prices rose 4.5% in October.

  • Asia's two largest economies offered financial aid to needy nations: Japan promised $100 billion in loans to the IMF; China offered Pakistan a $500 million aid package.

  • YoY the median price of a U.S. home fell 9%, the Chicago- based National Association of Realtors said today.

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