by Calculated Threat on 11/09/2024 08:11:00 AM
The important thing financial stories this week are October CPI and Retail Gross sales.
For manufacturing, October industrial manufacturing and the November New York Fed survey will likely be launched this week.
—– Monday, November eleventh —–
Veterans Day Vacation: Most banks will likely be closed in observance of Veterans Day. The inventory market will likely be open.
—– Tuesday, November twelfth —–
6:00 AM: NFIB Small Enterprise Optimism Index for October.
2:00 PM: Senior Mortgage Officer Opinion Survey on Financial institution Lending Practices (SLOOS) for October.
—– Wednesday, November thirteenth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
8:30 AM: The Client Worth Index for October from the BLS. The consensus is for a 0.2% enhance in CPI, and a 0.3% enhance in core CPI. The consensus is for CPI to be up 2.6% year-over-year and core CPI to be up 3.3% YoY.
11:00 AM: NY Fed: Q3 Quarterly Report on Family Debt and Credit score
—– Thursday, November 14th —–
8:30 AM: The preliminary weekly unemployment claims report will likely be launched. The consensus is for 255 thousand preliminary claims, up from 221 thousand final week.
8:30 AM: The Producer Worth Index for October from the BLS. The consensus is for a 0.3% enhance in PPI, and a 0.2% enhance in core PPI.
3:00 PM: Speech, Fed Chair Jerome Powell, Financial Outlook, At Dialog with Federal Reserve Chair Jerome Powell, Dallas, Texas
—– Friday, November fifteenth —–
8:30 AM ET: Retail gross sales for October will likely be launched.
The consensus is for a 0.3% enhance in retail gross sales.
This graph reveals retail gross sales since 1992. That is month-to-month retail gross sales and meals service, seasonally adjusted (whole and ex-gasoline).
8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a studying of three.5, up from -11.9.
9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for October.
This graph reveals industrial manufacturing since 1967.
The consensus is for a 0.2% lower in Industrial Manufacturing, and for Capability Utilization to lower to 77.3%.