Frontrunning: November 9

• LCH.Clearnet lifts margin on Italian debt (FT)
• Chinese Banks May Issue $102 Billion In New Yuan Loans (China Securities Journal)
• Greece Extends Suspense on Choice of Premier (WSJ)
• IMF's Lagarde: Some Asian Countries Can Loosen Money (WSJ)
• Berlusconi’s Resignation Shifts Focus to Forming Government (Bloomberg)
• Merkel Advisers See German Growth Slowing (Bloomberg)
• Fannie Mae taps $7.8 billion from Treasury, loss widens (Reuters)
• Fed up! McCain predicts rise of third political party (Reuters)

European economic highlights:

• UK Visible Trade Balance for September -£9.8bn – lower than expected. Consensus -£8bn. Previous -£8.617bn.
• UK Trade Balance Non EU for September -£5.715bn – lower than expected. Consensus -£4.95bn. Previous -£4.867bn.
• UK Total Trade Balance for September -£3.94bn – lower than expected. Consensus -£2.1bn. Previous -£1.877bn.