Things To Look Out For Today - Events & Data (Ldn Times)

Asia
00:30am    - RBA Nov. Rate Meeting Minutes
02:00am    - NZ Credit Card Spending
04:30am    - JN All Industrial Activity MoM
05:00am    - JN Supermarket Sales
05:30am    - JN Nationwide Dept Sales
09:05am    - RBA Governor Lowe Gives Speech in Sydney


Europe:
06:00am    - SEB Publishes Nordic Economic Forecasts
07:00am    - SWIT Trade Balance
07:00am    - SWIT Exports
07:00am    - SWIT Imports
07:00am    - FIN Unemployment Rate
09:00am    - SPA Trade Balance
09:30am    - UK PSNCR Public Sector Net Cash Requirement
09:30am    - UK Public Sector Net Borrowing
10:00am    - Testimony from BOE's Cunliffe, McCafferty, Saunders, Vlieghe.
11:00am    - UK CBI Trends Total Orders
15:00pm    - ECB's Coeure Chairs Panel in Frankfurt


US
13:30pm    - CAD Wholesale Trade Sales
13:30pm    - US Chicago Fed National Activity Index
15:00pm    - US US Existing Homes Sales
23:00pm    - Fed's Yellen Speaks at Stern Business School


Market focus this Morning...
-Dow finishes 72 points higher as Wall Street awaits tax-reform details Expectations of tax reform have been a positive for stocks this year, as a tax code overhaul would potentially lower corporate taxes.
-US Treasury yields rise as after economic indicators surprise Wall Street. One of Wall Street's most watched metrics surprised investors on Monday. Leading indicators rose by 1.2 percent in October, double the 0.6 percent increase expected by economists polled by Reuters.
-Federal Reserve Chair Janet Yellen said she will step down from its Board of Governors once her successor is sworn into the office.
-US crude slips 46 cents, settling at $56.09, as market grows edgy ahead of OPEC's decision on output cut deal. The market expects the OPEC production cuts to extend production cuts, though doubts loom.
-German Chancellor Angela Merkel said she’d rather face new elections than govern without a majority, betting that voters won’t blame her after four party talks on forming a coalition collapsed.
-ECB President Mario Draghi said the economic expansion remains solid and broad-based across countries and sectors in the euro area, mainly supported by domestic demand.
-S&P says its rating on Canada benefits from its view of the sovereign’s strong institutional effectiveness, high-quality human capital, and substantial fiscal and monetary buffers.