This week the US will be publishing building permits and housing starts,
existing home sales, durable goods orders and flash Markit PMI.
Other important releases include ECB and RBA meeting minutes;
UK CBI factory orders; Eurozone flash Markit PMI and consumer morale;
Germany final Q3 GDP growth figures; and Japan inflation and trade balance.
This week traders around the world will be looking for indications about the state of the US housing market as key data such as existing home sales,
housing starts, building permits, and the NAHB housing index are released.
November’s home builder sentiment is set to remain strong.
Other important releases for the US include: durable goods orders, flash Markit PMI.
Investors around the world will be anticipating for the ECB minutes release for further clarification on the next monetary policy steps.
Additionally, the Eurozone flash PMI will be highly anticipated as a further slowdown in economic activity growth is forecast, after October’s data showed the pace of expansion hit a two-year low amid global trade tensions.