Top Stories* (market impact ranking)

• Yesterday 02:00pm
  *MINUTES OF THE OCT 29 FOMC MEETING: POLICYMAKERS SAW ECONOMY SHRINKING THROUGH MID 2009, SAW POTENTIAL NEED FOR MORE RATE CUTS- Cuts 2008 GDP forecast to 0.00-0.3% - Increases 2008 jobless more...
  
• Today 04:30am
  *(UK) OCT RETAIL SALES M/M: -0.1% V -0.9%E; Y/Y: 1.9% V 1.4%E- Prior M/M revised from -0.4% to -0.5% - Prior Y/Y revised from 1.8% to 1.7%
  
• Today 04:30am
  *(UK) OCT PUBLIC FINANCES (PSNCR): -£4.9B V -£2.5BE; PUBLIC SECTOR NET BORROWING £1.4B V £0.4BE- Prior Public Finances (PSNCR) revised from £12.6B to £12.9B - Prior Net Borrowing revised from £8.1B more...
  
• Today 04:30am
  *(UK) OCT PRELIMINARY M4 MONEY SUPPLY M/M : 2.3% V 1.5%E; Y/Y: 15.1% V 12.4%E- No revisions
  
• Today 04:33am
  (RU) PM Putin : Government will continue to support Rouble to guard against inflation- Will not see sharp fluctuation in Ruble ex rate - Gov't will seek to prevent further economic weakness - more...
  
• Today 04:00am
  *(IT) ITALIAN SEPT INDUSTRIAL SALES: 1.7% V -0.8%E; Y/Y: 5.4% V 2.3%E- Prior M/M revised from -3.0% to -3.1%
  
• Today 04:00am
  *(IT) ITALIAN SEPT INDUSTRIAL ORDERS M/M :-1.5% V -4.2%E; Y/Y:1.2% V -6.4%E- Prior M/M revised from -0.3% to -0.9%
  
• Today 03:44am
  (UK) BoE Chief Economist Dale: Recent decline in Sterling FX rate should support exports- BoE could cut interest rates if needed to keep inflation on target
  
• Today 04:03am
  (TT) Taiwan Q3 GDP Y/Y: -1.02% v 0.80%e- Prior revised from 4.32% to 4.56% - Taiwan State Agency lowers Q4 GDP forecast to 1.73% v 3.75% prior growth - Expects 2008 GDP at 1.87% y/y - Expects more...
  
• Today 02:00am
  *(GE) GERMAN OCT PRODUCER PRICES M/M: 0.0% V -0.7%E; Y/Y: 7.8% V 7.3%E- No revisions
  
• Today 03:30am
  *(NE) NETHERLANDS OCT UNEMPLOYMENT RATE: 3.8% V 3.8%E- No revisions
  
• Today 03:30am
  *(HK) HONG KONG OCT CPI - COMPOSITE INDEX Y/Y: 1.8% V 1.9%E- No revisions
  
• Today 02:15am
  *(SZ) SWISS OCT TRADE BALANCE : CHF1.84B V CHF1.28BE- Exports M/M : -4.6% v -8.2% prior - Imports M/M : -5.5% v -3.2% prior
  
• ABK Yesterday 05:11pm
  Ambac Financial Group, Inc Commutes Approximately $3.5B of CDO Exposure for Cash Settlement of $1B- Ambac Financial Group, announced it has commuted two CDO of CDO of ABS (commonly referred to as CDO-squared) exposures and two more...
  
• Today 02:01am
  *(JP) JAPAN OCT CONVENIENCE STORE SALES Y/Y: 8.1% V 6.6% PRIOR- No revisions
  
• AF.FR Today 01:15am
  Air France-KLM Reports Q2 Net €244M v €260Me, Rev €6.70 v €6.62Be; cuts FY08-09 operating income forecast- Q2 fuel bill €1.61B - Q2 load factor 83% - Nearly €700M added to fuel bill in H1 - Sees FY08 'clearly in more...
  
• Yesterday 11:00pm
  (EU) ECB's Bini Smaghi: More rate cuts possible depending on economic developments; but rates too low for too long could lead to another crisis - Sees inflation falling to about 2%, does not see more...
  
• GGP Yesterday 09:51pm
  General Growth Properties Has hired law firm Sidley Austin as its bankruptcy counsel - WSJ- The company hired the law firm while it seeks to restructure its debt. - The move does not mean that the company will file for more...
  
• Yesterday 10:12pm
  *(VN) Vietnam Central Bank cuts interest rates 100bps to 11% from 12% (unexpected)- Discount rate cut to 10% from 11% - Refinancing rate cut to 12% from 13%
  
• GM Yesterday 07:44pm
  General Motors Corp Chrysler wants to restart merger negotiations with GM - FT- Talks said to be going on "at very low level"