Initial Guidance | 30 October 2014

NATO Tracks Large-Scale Russia Air Activity in Europe | Wall Street Journal
Russian military aircraft conducted aerial maneuvers around Europe this week on a scale seldom seen since the end of the Cold War, prompting NATO jets to scramble in another sign of how raw East-West relations have grown.
Fed’s Bond Buying Ends–Rates Could Stay Low for Years |
Six years after the Federal Reserve rode to the rescue during the financial crisis, the central bank is ending its bond-buying program in October.
German Unemployment Unexpectedly Falls | Bloomberg
German unemployment unexpectedly declined in October in a sign of companies’ confidence in the underlying strength of Europe’s largest economy.
Spanish economy grows for 5th quarter in a row | BusinessWeek
Spain’s economy grew by 0.5 percent in the third quarter compared with the previous three months, its fifth consecutive quarterly growth.
US loan applications to buy homes lowest since Feb | Reuters
U.S. mortgage applications to buy homes fell to their lowest level last week since February as interest rates on 30-year home loans edged up from the previous week’s 16-month trough, an industry group said on Wednesday.