Calendar for the week

On Monday, November 19, a small amount of news will be released, among which data on the trade balance of Japan is worth noting.

• At 01:50 –  data on the trade balance in Japan: trade balance (seasonally adjusted),  export volume (y/y) (oct), import volume (y/y) (oct) and  trade balance (oct).
• At 05:30 – the speech of the Bank of Japan Governor Kuroda will take place.
• At 11:00 – data for the euro area: current account balance (September) and current account balance (non-seasonally adjusted) (September).
• At 17:00 – NAHB Housing Market Index (November) in the USA.

On Tuesday, November 20, the market’s attention will be focused on the RBA meeting results and data on real estate in the United States.

• At 02:30 –  the RBA monetary policy meeting minutes will be published.
• At 09:00  – Germany’s Producer Price Index (PPI) (m/m) (October).
• At 10:20 – the speech of the RBA Governor Lowe will take place.
• At 13:00 – CBI industrial trends orders () (November) in the UK.
• At 15:30 – data on real estate in the USA:   building permits  (m/m) (oct), building permits (oct) and the housing starts (m/m) (oct).
• At 23:30 – API weekly crude oil stocks  in the United States.

On Wednesday, November 21, a small amount of news will be released, mainly in the USA.

• At 15:30 –  a block of news for the United States: shipments of nondefense capital goods (excluding aircraft) (m/m), core durable goods orders (m/m) (oct),  durable goods orders (m/m) (Oct) and initial jobless claims.
• Also at 15:30 –  wholesale sales (m/m) (September) in Canada.
• At 17:00 –  existing home sales (m/m) (October) the United States.
  At 17:30 –  crude oil  stocks in the United States.

On Thursday, November 22, the economic calendar will also be quite restrained thanks to the celebration of Thanksgiving Day in the United States.

• At 01:30 –  inflation data in Japan: national core consumer price index (CPI) (y/y) (oct) and the nationwide CPI (m/m).
• At 14:30 – the ECB monetary policy meeting minutes .

On Friday, November 23, the day is saturated with data, despite the day off in Japan and the USA.

• At 09:00 – data on German GDP (q/q) (Q3).
• At 10:30 –  data on business activity in Germany: the German manufacturing activity index (PMI) (November) and the German service sector index (November).
• At 11:00 – data on business activity in the Eurozone: business activity index in the manufacturing sector (PMI) (November), Markit  composite business activity index (PMI) (November) and business activity index in the services sector (November).
• At 15:30 –  inflation report in Canada: core consumer price index (CPI) (m/m) (October), core consumer price index (CPI) (y/y) (oct), core retail sales index (m/m) (September), Consumer Price Index (CPI) (m/m) (October) and retail sales (m/m) (September).
• At 16:45 –  data on business activity in the manufacturing sector (PMI) (November) US.
• At 20:00 –  number of Baker Hughes oil rigs in the United States.

Hanzenko Anton