November 26 - December 1, 2023 Economic report and policy meetings
November 26
China: Consumer Confidence – November
November 27
The Census Bureau reports new-home sales data. Sales of newly constructed single-family homes are expected to decline to a seasonally adjusted annual rate of 700,000 in October, from 759,000 in September.
November 28
Australia: Monthly CPI Indicator – October
New Zealand: Reserve Bank of New Zealand (RNBZ) Press Conference
South Korea: Business Confidence – November
Thailand: Interest Rate Decision
U.K.: Bank of England Haskel Speech
U.S.: House Price Index (MoM) – September, Conference Board Consumer Confidence – November
S&P CoreLogic releases its Case-Shiller National Home Price Index for September. Consensus calls for a 4.2% year-over-year jump, compared with a 2.2% rise in August.
November 29
Australia: Building Permits (MoM) Preliminary – October, Housing Credit (MoM) – October
China: NBS Manufacturing Purchasing Managers Index (PMI) – November, NBS Non Manufacturing PMI - November
Euro-Zone: ECB Non-Monetary Policy Meeting, Spain: Inflation Rate (MoM) Preliminary – November, Inflation Rate (YoY) Preliminary – November, Italy: Business Confidence – November, Consumer Confidence Final – November, Economic Sentiment – November, Industrial Sentiment – November, Germany: 10-Year Bund Auction, Spain: Business Confidence – November, Germany: Inflation Rate (YoY) Preliminary – November, Inflation Rate (MoM) Preliminary – November, Germany: Retail Sales (YoY) – October, France: Inflation Rate (YoY) Preliminary – November, Inflation Rate (MoM) Preliminary – November
Japan: Foreign Bond Investment – November 25th, Industrial Production (YoY) Preliminary – October, Retail Sales (YoY) – October, Bank of Japan Nakamura Speech, Consumer Confidence – November, Housing Starts (YoY) - October
Netherlands: Inflation Rate (YoY) - November
New Zealand: Building Permits (MoM) – October, ANZ Business Confidence - November
South Korea: Interest Rate Decision
Russia: Unemployment Rate – October
Switzerland: Retail Sales (YoY) – October
U.K.: Mortgage Approvals – October, Mortgage Lending – October, Nationwide Housing Prices (YoY) - November
U.S.: Fed Beige Book, GDP Growth Rate (QoQ) 2nd Estimate – 3rd Qtr., Corporate Profits (QoQ) Preliminary – 3rd Qtr., GDP Price Index (QoQ) 2nd Estimate – 3rd Qtr., Goods Trade Balance Advance – October, Retail Inventories Excluding Autos (MoM) Advance – October, MBA 30-Year Mortgage Rate (November 24), MBA Survey Indexes - Mortgage Market Index, Mortgage Applications (November 24), Mortgage Market Change, Mortgage Refinance Index, Refinancing Change, MBA Mortgage Approvals (November 24), Department of Energy (DOE) U.S. Crude Oil Inventories (November 24), DOE Cushing OK Crude Inventory (November 24), DOE U.S. Gasoline Inventories (November 24), DOE U.S. Distillate Inventory (November 24), DOE U.S. Refinery Utilization (November 24), DOE Crude Oil Implied Demand (November 24), Gasoline Implied Demand (November 24), Distillate Implied Demand (November 24), API Crude Oil Stock Change (November 24), EIA Natural Gas Stocks Change – November 24
November 30
Australia: Judo Bank Manufacturing Purchasing Managers Index (PMI) Final – November
Brazil: Unemployment Rate – October
Canada: GDP Growth Rate Annualized – 3rd Qtr., GDP Growth Rate (QoQ) – 3rd Qtr., Average Weekly Earnings (YoY) – September, GDP (MoM) – September, GDP (MoM) Preliminary - October
Euro-Zone: Core Inflation Rate (YoY) Flash – November, Inflation Rate (MoM) Flash – November, Inflation Rate (YoY) Flash – November, Unemployment Rate – October, Italy: Inflation Rate (YoY) Preliminary – November, Inflation Rate (MoM) Preliminary – November, ECB General Council Meeting, Germany: Unemployment Change – November, Unemployment Rate – November, Unemployed Persons – November, Italy: Unemployment Rate, France: Industrial Production (MoM) – October
India: GDP Growth Rate (YoY) – 3rd Qtr., S&P Global Manufacturing Purchasing Managers Index (PMI) - November
Indonesia: Inflation Rate (YoY) – November
Japan: Capital Spending (YoY) – 3rd Qtr.
Mexico: Unemployment Rate – October
Poland: Inflation Rate (MoM) Preliminary – November, Inflation Rate (YoY) – Preliminary - November
Russia: S&P Global Manufacturing Purchasing Managers Index (PMI) – November
South Africa: Balance of Trade – October
South Korea: Exports (YoY) – November, S7P Global Manufacturing Purchasing Managers Index (PMI) – November
Switzerland: KOF Leading Indicators - November
U.S.: Core Personal Consumption Expenditures (PCE) Price Index (YoY) – October, PCE Price Index (YoY) – October, PCE Price Index (MoM) – October, Personal Income (MoM) – October, Personal Spending (MoM) – October, Pending Home Sales (MoM) – October, Core PCE Price Index (MoM) – October, Continuing Jobless Claims – November 18, Initial Jobless Claims – November 25
The Bureau of Labor Statistics releases the core personal-consumption expenditures price index for October. This gauge excludes volatile food and energy prices and is the Federal Reserve’s preferred inflation measure. The index is forecast to rise 3.5% year over year, a decline of from September’s 3.7% rise.
December 1
Brazil: Industrial Production (MoM) – October, Balance of Trade – November
Canada: Employment Change – November, Unemployment Rate – November, Average Hourly Wages (YoY) – November, Full Time Employment Change – November, S&P Global Manufacturing Purchasing Managers Index (PMI) - November
Euro-Zone: HCOB Manufacturing Purchasing Managers Index (PMI) – November, Italy: GDP Growth Rate (YoY) – Final – 3rd Qtr., GDP Growth Rate (QoQ) Final – 3rd Qtr., Spain: HCOB Manufacturing Purchasing Managers Index (PMI) – November, Italy: HCOB Manufacturing PMI – November, France: HCOB Manufacturing PMI Final – November, Germany: HCOB Manufacturing PMI Final – November
Mexico: Business Confidence - November
Switzerland: GDP Growth Rate (YoY) – 3rd Qtr., GDP Growth Rate (QoQ) – 3rd Qtr., procure.ch Manufacturing Purchasing Managers Index (PMI) - November
U.K.: S&P Global/CIPS Manufacturing Purchasing Managers Index (PMI) Final – November
U.S: institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) – November, Construction Spending (MoM) – October, S&P Global Manufacturing Purchasing Managers Index (PMI) – November, Baker Hughes U.S. Rig Count – December 1
Bold denotes likely market-moving newsflash which traders consider significant to foreign exchange levels or otherwise important/noteworthy information, i.e., market holiday’s which will affect standard settlement dates.
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