Oil fell • Nikkei dropped below 8.000 Australia Central Bank bought record AUD amount in October Today’s main events: DEM: Producer Price Index GBP: Retail Sales USD: Initial Claims USD: Philly Fed American Time Zone: U.S. Stocks dropped U.S. stocks sank and benchmark indexes slid to their lowest levels since 2003 on growing concern over the health of the financial system and survival of the nation’s car industry. Citigroup Inc. slid 23 % to USD 6.40, a 13-year low, on a plan to buy USD
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