There are well-warranted concerns that global inflation will rise significantly, and the prospect of increased price pressures only compounds the problems that the BOE already faces as they contend with uncertainty surrounding the ongoing reappraisal of risk in the financial markets.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for November 20.

Gold (GLD) has violated Thursday's reaction low at 77.30, which triggered new selling pressure.

Private firms bought companies from the public, pimped them up, loaded them down with debt, and sold them back to the very same public market investors.

Various FOMC voting members have made comments suggesting that they do not intend to cut rates in December, especially as inflation pressures are building rapidly.

James Mound reviews futures and commodities in his weekly report for the week of November 19.

This week John Mauldin looks at inflation. Is it just over 2%, giving the Fed room to cut rates, or will it be closer to 4% by the next FOMC meeting, making a rate cut problematic?

The money market funds have put a little of their cash into SIVs, Structured Investment Vehicles. For the first time ever, the funds may “break the buck,” meaning, they might not have a dollar’s worth of assets for every dollar investors gave them. This would be a big disappointment to many investors; they gave their money to the money funds because they believed they were ‘safe’...and they were hoping to get their money back in the same condition it left them.

The USD/CAD has many wondering if the pair stands to continue its strong recovery or if it will correct lower. Traders should watch event risk out of Canada and the US, as surprising results could spark volatility.

Putting more Asians to work does not automatically increase the supply of farmland, or what grows on top of it, or what lies underneath of it. While increased industrial output has managed to hold prices down for manufactured goods, the rising supply of money has forced up prices for things that don’t come out of factories.