Quick Overview

• YoY Sweden's GDP rose 6.9% in Q3.

• The Chicago Fed's Midwest Mfg Index rose 0.7% to 80.9, the highest reading since July

• U.K. house prices fell 0.8% MoM in November and were 1.1% lower YoY.

• Japanese retail sales fell 0.2% in October, the government said Monday, marking the first fall after nine consecutive monthly rises.

• Iran Nuclear Scientist Assassinated; Another Injured.

• Calm in the markets brought by the EU’s €85bn bail-out for Ireland quickly faded as fears returned about the spread of the debt crisis to Portugal and Spain.

• (Guardian) A hellish vision of a world warmed by 4C within a lifetime has been set out by an international team of scientists, who say the agonisingly slow progress of the global climate change talks that restart in Mexico today makes the so-called safe limit of 2C impossible to keep. A 4C rise in the planet's temperature would see severe droughts across the world and millions of migrants seeking refuge as their food supplies collapse

• (Guardian) Scientists claim to be a step closer to reversing the ageing process after rejuvenating worn out organs in elderly mice. The experimental treatment developed by researchers at Harvard Medical School turned weak and feeble old mice into healthy animals by regenerating their aged bodies.

• Japan's October jobless rate 5.1%.
• Czarnikow cut its global cane-sugar production forecast to 134.5 million tons from 137.9 million tons in August.
• India’s economy grew at 8.9% in Q2