- US durable goods orders for October
- Inflation and consumer expectations report from the University of Michigan
- Speeches by several central bankers
Today, futures contracts on stocks indicate a slightly higher opening for the cash session in Europe, with the DAX gaining 0.10% to 15970 points. Investors are set to receive several interesting publications throughout the day.
In the first part of the day, retail sales and consumer sentiment data from Poland will be available, alongside a speech from the Reserve Bank of Australia's Chair, Michele Bullock. Later, the focus shifts to the US with a report on durable goods orders for October, expected to show a month-over-month decline of -3.1%. Following this, US unemployment benefit claims for the last week are anticipated to be slightly lower at 226,000 compared to 231,000 the previous week. Additionally, the University of Michigan report is predicted to reveal a further deterioration in consumer moods, with consumer sentiment expected to drop to 60.4 in November from 63.8 the previous month.
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Create account Try a demo Download mobile app Download mobile appDetailed Agenda for the Day:
- 9:00 AM GMT, Poland - Retail Sales and Construction Output Data for November:
- Retail Sales YoY: Expected 4.5% YoY; previously 3.6% YoY
- Construction and Assembly Production: Expected 10.5% YoY; previously 11.5% YoY
- 1:30 PM GMT, USA - Durable Goods Orders:
- Expected: -3.1% MoM; previously 4.6% MoM
- Excluding transport: Expected 0.1% MoM; previously 0.4% MoM
- 1:30 PM GMT, USA - Unemployment Benefit Claims:
- Expected 226k; previously 231k
- 3:00 PM GMT, USA - University of Michigan Report for November:
- Consumer Sentiment: Expected 60.4; previously 63.8
- 1-Year Inflation: Expected 4.4% YoY; previously 4.2% YoY
- 5-Year Inflation: Expected 3.2% YoY; previously 3.0% YoY
- 3:30 PM GMT, USA - EIA Report on Energy Commodity Stocks Changes
Central Bankers' Speeches:
- 8:35 AM GMT - Australia, RBA Chair Michele Bullock
- 4:00 PM GMT - Germany, Bundesbank President Joachim Nagel
- 4:10 PM GMT - Eurozone, ECB Member Frank Elderson
- 4:30 PM GMT - Canada, BoC Governor Tiff Macklem