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- Thursday: Flood of data...........>

US DATA PREVIEW
US DATA PREVIEW: - Thursday: Flood of data includes weekly jobless claims
(213k), October import/export price index (0.1%), and October retail sales
(0.6%).
- Deutsche Bank economists said "elevated consumer confidence and a labor market
that continues to tighten bodes well for retail sales going forward. Headline
retail sales (+0.9% vs. +0.1%) may get a boost from hurricane recovery efforts,
particularly with respect to car sales and building supplies."
- Nomura economists "expect a healthy 0.4% m-o-m increase in 'core' retail sales
in October, following a 0.5% gain in September. Consumer sentiment remains
elevated despite recent stock market volatility and heightened concerns about
global trade. The labor market remains strong and income gains have been steady.
- Fed speakers continue: Fed Brd of Govss VC Quarles delivers semiannual
testimony on Fed's Supervision / Regulation Financial System, at 1000ET. Fed
Chair Powell observes post-Hurricane Harvey recovery. Later in day, Atlanta
Federal Reserve Bank President Raphael Bostic and Minneapolis Federal Reserve
Bank President Neel Kashkari will answer audience questions at separate events.

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