financial weekly events

Monday: September’s Trade Balance data will see light in Germany. October Housing Starts data will be released in Canada.

Tuesday: September’s Balance of Payments data will be released in Japan. In China, October’s Consumer Price Index will see light, where analysts see annual inflation moderate to 1.5%. September’s Industrial Production data is due to see light in France and Italy. In the U.S., September’s Wholesale Inventories will see light.

Wednesday: Monetary aggregates data for October will be released in Japan – Analysts see M2 and M3 continue to run at a 3.8% and 3.1% YoY respectively. October Industrial Production data will see light for China. In the U.K., Jobless Claims and Unemployment data for October will see light – Analysts see unemployment remain at 5.4%. ECB president Draghi is also scheduled to make public appearances, as is the Bank of England’s Carney. In the U.S., the weekly MBA Mortgage Applications will be released.

Thursday: October’s Producer Price Index will be released in Japan – analysts expect a slight moderation from a negative 3.9% Year over Year, to just -3.5%. September’s Machine Orders data will also see light. In the U.S., Governor Yellen will speak at a Fed policy conference, which will be rather interesting given the Nonfarm print. The weekly Initial Jobless Claims will also see light, with analysts seeing little change from last week’s 276K, at 270K.

Friday: The final estimate of September’s Industrial Production data will be released in Japan, as will the Tertiary Industry Index. Preliminary Gross Domestic Product data for Q3 will be released in France, Germany, Italy and the Eurozone aggregate. In the U.S., October’s Producer Price Index will see light, followed by the Preliminary November University of Michigan Consumer Sentiment Index.

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