Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting November 21.
Last week:
- The Oxford Dictionary declared “post-truth” the word of the year. But markets have been grappling with dangerous myths for a long time.
This week:
Monday, November 21
Europe:
- Spain trade balance for September.
- UK PM Theresa May invited to speak at CBI conference.
US:
- Chicago Fed National Activity Index for October.
Rest of the world:
- Japan all industry index for September.
- Taiwan export orders for October.
- Canada wholesale inventories, trade for September.
Corporate events:
- Bonmarche, Humana, Mitie, Trigano earnings.
Tuesday, November 22
Europe:
- Eurozone consumer confidence flash indicator for November.
- UK public sector net borrowing for October.
US:
- Existing consumer sales for October.
- Richmond Fed index for November.
Rest of the world:
- Brazil current account balance for October.
- Canada retail sales for September.
Corporate events:
- Babcock International, Analog Devices, Campbell Soup, Dollar Tree, Hewlett Packard Enterprise, Urban Outfitters earnings.
Wednesday, November 23
Europe:
- Eurozone flash composite PMI for November.
- UK Autumn Statement.
- Spain industrial orders for September.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
- Weekly natural gas inventories.
- Weekly jobless claims.
- FOMC meeting minutes.
- Building permits for October.
- Durable goods orders for October.
- FHFA Home Price index for September and third quarter.
- New home sales for October.
- Michigan sentiment for November.
Rest of the world:
- South Africa consumer price inflation for October.
Corporate events:
- Deere, Conwert Immobilien, Schoeller-Bleckmann Oilfield, Infineon, Thomas Cook earnings.
Thursday, November 24
Europe:
- Germany third quarter GDP, final data.
- Germany Ifo business climate index for November.
- Germany GfK consumer confidence for December.
- France business climate index for November.
- Spain third quarter GDP, final data.
- Italy trade balance for September.
- British Bankers Association mortgage approvals for October.
US:
- Thanksgiving Day.
Rest of the world:
- Japan flash manufacturing PMI for November.
- Japan consumer price inflation for October, Tokyo consumer price inflation for November.
- Canada corporate profits for the third quarter.
Corporate events:
- ThyssenKrupp, CA Immobilien Anlagen, Uniqa Insurance earnings.
Friday, November 25
Europe
- France consumer confidence for November.
- Spain producer price inflation for October.
- Italy retail sales for September.
- UK third-quarter GDP, final reading.
US
- None of note.
Rest of the world:
- China trade balance for October.
- Mexico trade balance for October.
Corporate events:
- Immunodiagnostic Systems Holdings, Nordic Mines AB earnings.