Weekly Outlook: Nov 27 - Dec 01

Monday

United States: new home sales for October will be released at 15:00 GMT.

Tuesday

Asia: Japan’s retail sales for October are expected to be released at 23:50 GMT. Analysts are forecasting a 2.5 percent year-over-year build.

Europe: Germany’s GfK consumer climate for December is up at 07:00 GMT. The United Kingdom will present a revised version of its third-quarter GDP as of 09:30 GMT.

United States: goods trade balance for October is due at 13:30 GMT, while the Conference Board will unveil its consumer confidence indicator for November at 15:00 GMT.

Wednesday

Asia: Japan’s industrial production for October is due at 23:50 GMT, with a 1.5 percent decline seen.

Europe: Germany’s consumer price index for November is up at 13:00 GMT.

United States: a new reading of the third-quarter gross domestic product is scheduled at 13:30 GMT, with an upward revision of 3.2 percent eyed from a prior 3.0 percent. Pending home sales for October will be released at 15:00 GMT.

Thursday

Asia: China’s manufacturing and non-manufacturing PMI for November are scheduled for release at 01:00 GMT. Japanese household spending for October will be presented at 23:30 GMT, together with the jobs/applications ratio and national core CPI.

Europe: German retail sales for October will be out as of 07:00 GMT. The unemployment change and rate for November are set for publishing at 09:00 GMT. The Eurozone will present its latest consumer price index as of 10:00 GMT.

United States: traders will keep an eye on the core PCE price index for October at 13:30 GMT, as well as on personal spending figures for October.

Friday

Asia: China’s Caixin manufacturing PMI for November is due at 01:45 GMT, with 51.0 eyed.

Europe: Germany, the Eurozone and the United Kingdom will present their manufacturing PMIs for November at 08:55, 09:00 and 09:30 GMT respectively.

United States: Markit’s manufacturing PMI is up at 14:45 GMT. However, attention will be directed to the manufacturing PMI by the Institute for Supply Management at 15:00 GMT.

Fort Financial Services