- The Fed is monitoring currency markets “closely” and will conduct policy in a way that will “help ensure that the dollar is strong”, Ben Bernanke said in rare comments on the US currency.
- U.S. retail sales rose 1.4% in October. Excluding autos sales rose 0.2%.
- The New York Federal Reserve's regional index of manufacturing fell from 34.57 to 23.51 in November.
- Canada's existing home sales rose 41% in October
- Canada’s manufacturing sales rose 1.4% in September
- Japan's GDP rose 1.2% in Q3, but fell 4.5% YoY
- YoY EU consumer prices rose 0.5% in October
- (Bloomberg)The Philippines, the world’s biggest rice buyer, issued its third tender for 2010 supplies after storms damaged crops and the country accelerates imports to secure shipments amid surging prices.. “We have to secure our supplies ahead of everybody else,” Romeo Jimenez, director of the authority, said in a phone interview from Manila today. “India will also be importing rice. Prices will rise.”
- White sugar tenders for the expired December futures contract were 5,520 lots, with Louis Dreyfus taking delivery of all the contracts.
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