Positives:

• US Oct Payrolls increase a net 171k (est 125k), 184k (est 123k) of which in the private sector which is the most since Feb helped by an unexpected increase in mfr’g hiring.
• Thai consumer confidence increases
• Passenger traffic through Thailand’s 6 major airports hit another all time high
• Thai Apple fanboys rejoice at the official Iphone 5 release in Thailand
• Mfr’g PMI’s increase in China, Taiwan, South Korea and India from prior month.
• If you love money printing, BoJ brings another 11T yen.
• India cuts RR to help economy.

Negatives:

• Laos is about to launch 4G will Thailand is still bickering over 3G….
• BOT downgrades growth expectations from 5% to 4.6% in 2013, keeps 2012 at 5.7%
• German unemployment rises more than expected.
• Final euro zone mfr’g PMI 45.4 v 46.1 in Sept, 15th month below 50.
• UK consumer confidence at 6 mo low and mfr’g PMI falls to 47.5.
• Euro zone Economic Confidence at lowest since July ’09.