Quote:
‘I have never killed a man, but I have read many obituaries with a lot of pleasure’.Clarence Darrow (1857-1938)
The News:
South Korean finance ministry official says they are watching the exchange rate for the won closely.The Numbers:
(Greenwich Mean Time, with expectations and previous figures in brackets)08:30 CH October PMI (61.5 to 65.0 versus 64.4 September).
09:30 GB October Manufacturing PMI (52.5 to 54.9 versus 54.4 September).
13:00 NO Norges bank interest rate decision (expected +25 basis points to 3.25%). News conference 13:45.
13:15 US October ADP Employment Change (90K to 120K versus 78K September).
15:00 US October Manufacturing ISM (49.5 to 56.0, Prices Paid 52.0 to 60.2, versus 52.9 and 61.0 September).
15:00 US September Construction Spending (-0.6% to +0.7% versus +0.3% August).
15:00 US September Pending Home Sales (105 to 112, -4.0% to +4.5%, versus 110.1 and +4.3% August).
18:00 US Fed’s Bernanke speaks on community development, Washington.
18:00 GB Bank of England’s Lomax speaks at the London School of Economics.
Late US October Vehicle Sales (15.6M to 16.8M, Domestic 11.5M to 13.1M, versus 16.6M and 12.9M September).
