Monday, 27 November 2017

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

Asia
23:30pm    - Aus ANZ RM Weekly Cons Conf (115 116.4 pvs)
02:45am    - Chi PBOC's Bai, Cass's YU Speak on economy


Europe:
07:00am    - Ger Import Price Index
07:00am    - Fin House Price Index
07:30am    - UK  BOE's Carney Speaks
07:45am    - Fra Con Conf
08:30am    - Swe Retail Sales
08:30am    - Swe Trade Balance
09:00am    - EU  M3 Money Supply
10:00am    - EU  OECD Economic Outlook
11:00am    - Ire Retail Sales
12:00pm    - Ger GFK Cons Conf


US
00:00am    - US Fed's Dudley Speaks
13:00pm    - US Mnuchin & Dudley Speak
13:30pm    - US Advance Goods Trade Balance
13:30pm    - US Wholesale Inventories
13:30pm    - US Retail Inventories
14:00pm    - US FHFA House Price Index
14:00pm    - US S&P Corelogic House Prcs
14:45pm    - US Powell Testifies at Confirmation Hearing
15:00pm    - US Consumer Confidence
15:00pm    - US Richmond Fed Manf. Idx
15:15pm    - US Fed's Harker Speaks


Market focus this Morning...
-US Stocks closed mixed after Retailers close higher on strong Black Friday Sales and the S&P fell after WD declined 6.7%.
-US Treasury yields rise after strong home sales data, Fed speeches
-Dallas Fed President Robert Kaplan proved especially hawkish on Monday. Kaplan said he is "cognizant of financial imbalances" present in the current economy and suggested that the unemployment rate may be starting to extend too far beyond its natural level.
-New home sales increased 6.2 percent to a seasonally adjusted annual rate of 685,000 units last month, according to the U.S. Commerce Department. The number reflects the highest level since October 2007.
-Powell Sees Rates Rising Somewhat Further, Core Reforms Retained Fed must act decisively, with appropriate force to new threats. He vows to support economy on march toward ‘full recovery’
-Ireland and Britain remained at odds on Monday on how to progress talks on the Irish border with a week to go before London could face failure in persuading European Union leaders to open trade talks at a December Brexit summit.
-Oil falls 1.4%, settling at $58.11, on higher US supply and doubts about Russia's resolve to cut output.

No comments:

Post a Comment