Singapore Purchasing Managers Index up to 48.9 in October from previous 48.6

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USD performance when the Fed tightens – Deutsche Bank

Alan Ruskin, Macro strategist at Deutsche Bank, notes that while the USD has not traded particularly well in a number of Fed tightening cycles, in the two big USD cycles of the early 1980s and late 1990s the USD did surge ahead.
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Greece: Slow progress as first programme review approaching by year­end - RBS

Research Team at RBS, note that the Greek banking system’s capital shortfall, published over the weekend, of €14.5bn under the adverse scenario was lower than some fears, leaving open the possibility that private investors can be found for a sufficient take¬up to avoid nationalisation of any major bank.
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