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Investors now await U.S. retail sales and producer price figures due at 1330 GMT. Economists polled by Reuters are forecasting producer prices rose 0.1% last month, compared with a 0.5% increase in September.
European Central Bank policymakers want to soon start discussing how to tackle the multi-trillion-euro pool of excess liquidity sloshing around banks, with raising reserve requirements a possible first move, six sources told Reuters.
USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen.
Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices?
This list of weekend entertainment includes festivals, Vet Fest and the premiere of 'The Diary of Anne Frank' on a local stage.