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Australia, which managed to avoid recession, raises its main interest rate once again - this time from 3.25% to 3.5%.
The pace of Japan’s economic recovery will likely ease until the middle of fiscal 2010, in tune with the global economy, the Bank of Japan says in its latest outlook report.

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US equities were higher, boosted by upbeat economic reports and a surprise swing to profitability for Ford
It’s somehow fitting that as traders focus their sights on November, our political leaders are focusing on compensation reform.

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The value of shares traded through independently owned 'dark pools' of liquidity in Europe has jumped almost fivefold since the start of the year
China's manufacturing sector grew in October at its fastest rate in 18 months, a survey suggests.
The dollar and yen advanced strongly with stronger haven demand stoked by concerns over the sustainability of the rally in global assets
FDIC deposit insurance fund will take $2.5 billion hit.

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US stocks fell sharply as mixed economic numbers dented optimism, with the market poised for a second successive week of losses
US consumer spending falls for the first time in five months, coinciding with the end of the car scrappage scheme.
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