By Svenja O’Donnell
Nov. 28 (Bloomberg) — U.K. consumer confidence stayed close to the lowest level in more than three decades in November as gloom about the recession deterred spending, GfK NOP said.

By Lee J. Miller and Zhang Dingmin
Nov. 28 (Bloomberg) — China’s foreign-exchange reserves may top $2 trillion for the first time by the end of this year, giving the world’s most-populous nation more firepower to stimulate its economy during a global recession.

OTTAWA, Nov 27 (Reuters) - The Bank of Canada indicated on Thursday that it is likely to cut interest rates further to boost the economy as the global financial crisis intensifies.

By Candice Zachariahs
Nov. 28 (Bloomberg) — The Australian and New Zealand dollars headed for their first weekly advance in three as traders speculated a fresh round of rate cuts and stimulus packages will prompt investors to buy the nations’ higher-yielding assets.

By Ron Harui and Stanley White
Nov. 28 (Bloomberg) — The dollar headed for its biggest weekly decline in almost three years against the euro on speculation policy makers’ steps to spur growth and lending will reduce demand for the relative safety of U.S. assets.

By Anchalee Worrachate
Nov. 27 (Bloomberg) — The British pound rose against the dollar and strengthened for a third day versus the euro on speculation rising stocks are rekindling risk appetite, spurring demand for the U.K. currency.