- The US trade deficit widened by $36.5bn -- to the largest amount in 10 years. The U.S. Census Bureau said that exports rose 2.9% in September to $132.0, billion while imports rose 5.8% to $168.4 billion.
- Plans to strip the Fed of its bank supervision powers were rebuffed by senior Obama administration officials.
- The University of Michigan's consumer sentiment index fell from 70.6 to 66.0 in November,
- EU GDP rose 0.2% in Q3 and fell 4.3% YoY
- (FT) Two computer programmers from Bernard Madoff’s fraudulent investment operation were arrested on charges of falsifying Mr Madoff’s trading records to make them appear regular and above board
- Scientists who crashed two spacecraft into a crater on the moon said on Friday they found water in the dust they kicked up, just as they had hoped.
- News that funds manager Blackrock expects central banks to be net gold buyers in 2009 is contributing to gold's rise.
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