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Credit Suisse economists noted that next....>

US VIEW
US VIEW: Credit Suisse economists noted that next Wed brings the FOMC minutes
from the Oct. 31st-Nov. 1st FOMC meeting, with also Tuesday's existing home
sales and Wednesday's durable goods orders as "next week's key releases."
- "The markets will be closed on Thursday for Thanksgiving Day", they said.
Markets "are likely to tilt a bit more dovish on the inflation front as the
November meeting occurred before the recent pick-up in inflation data," they
said. "The most recent minutes from September showed that "many" participants
are concerned that low inflation readings could prove more persistent, with a
few arguing for a delay in further rate hikes. This concern likely increased in
the November minutes. We would also pay close attention to any discussion on
financial conditions, and specifically the impact of tapering reinvestments and
the low level of volatility."

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