*** FT Alphaville: ECB cuts rates 25bps ***
*** FT Alphaville: Isda has a bone to pick with you (and so can we!) ***
*** FT Alphaville: FOMC statement, 2 November 2011 ***
*** The Big Picture: FOMC Statement – Changes Versus Last Month ***
*** Econbrowser: Exports in the Recovery ***

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Initial jobless claims in the U.S. were reported at 402.000 vs. 401.000 consensus and last week revised (up 1.000) reading of 404.000.

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I would say that the market is balanced now and all depends on the economic conditions.

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