- ISM Oct non-manufacturing index 54.2 vs 54.5 exp
- RTRS: Greek bailout deal not expected Nov 12
- Canadian Sept building permits -13.2% vs -3.0% exp
- Greek austerity bill submitted to parliament
- G20 draft statement leaked, no one cares
- Spain blocks Mersch from ECB board
- US retailers upbeat in holiday sales survey
- Romney adviser talks hawkish
- Spanish FinMin: Will make bailout decision when ready
- Nowotny goes rogue
- S&P 500 gains 0.2% to 1417
Early rumors of a Spanish downgrade early in the day never gained traction. The market was stuck in neutral with EUR/USD ranging between 1.2768 and 1.2794 in US trading.
Cable edged to a session low below 1.5960 but was only able to press a few pips lower. Afterwards, it was back in the 1.5980/60 range.
USD/JPY hit some minor stops below 1.2775 but quickly rebounded.
Gold +$8 to $1684.
