Trial now
USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

US Economic Data Calendar

--Rating: *** most market sensitive, * least market sensitive
     
Date    ET                                                    Prior  Est.
-------------------------------------------------------------------------------
28-Nov 0830 **  Oct    advance goods trade gap                -65.4    -- b USD
28-Nov 0830 **  Oct    advance wholesale inventories           +0.3    --   %
28-Nov 0830 **  Oct    advance retail inventories              -0.9    --   %
28-Nov 0855 **  25-Nov Redbook retail sales m/m                -0.7    --   %
28-Nov 0900 **  Sep    FHFA Home Price Index                    0.7    --   %
28-Nov 0900 **  Q3     FHFA Quarterly Home Prices               1.6    --   %
28-Nov 0900 **  Sep    Case-Shiller Home Price Index            0.5    --
28-Nov 1000 *   Oct    bldg permits revision                     --    -- m 
28-Nov 1000 **  Nov    Richmond Fed Mfg Index                    12    --
28-Nov 1000 *** Nov    Conference Board confidence            125.9 124.0
28-Nov 1030 **  Nov    Dallas Fed services index               18.6    --
 
29-Nov 0700 **  24-Nov MBA Mortgage Applications                0.1    --   %
29-Nov 0830 *** Q3     GDP (2nd)                                3.0   3.4   %
29-Nov 0830 *** Q3     GDP Price Index                          2.2   2.2   %
29-Nov 1000 **  Oct    NAR pending home sales index           106.0    --
29-Nov 1030 **  24-Nov crude oil stocks ex. SPR w/w           -1.86    -- m bbl
 
30-Nov 0830 **  25-Nov jobless claims                           239   240 k 
30-Nov 0830 **  Oct    personal income                          0.4   0.3   %
30-Nov 0830 **  Oct    current dollar PCE                       1.0   0.3   %
30-Nov 0830 **  Oct    total PCE price index                    0.4    --   %
30-Nov 0830 **  Oct    core PCE price index                     0.1   0.2   %
30-Nov 0900 *   Nov    ISM-Milwaukee Mfg Index                63.61    --
30-Nov 0945 **  Nov    MNI Chicago PMI                         66.2  63.5
30-Nov 0945 *   26-Nov Bloomberg comfort index                   --    --
30-Nov 1030 **  24-Nov natural gas stocks w/w                   -46    --   Bcf
30-Nov 1500 *   Oct    farm prices                             -1.7    --   %
30-Nov 1630 **  29-Nov Fed weekly securities holdings            --    -- t USD
 
01-Dec  -   *** Nov    NA-made light vehicle sales SAAR        13.8  13.8 m 
01-Dec 0945 *** Nov    Markit Mfg Index (final)                53.8    --
01-Dec 1000 *** Nov    ISM Manufacturing Index                 58.7  58.0
01-Dec 1000 *   Oct    construction spending                    0.3   0.5   %
01-Dec 1100 **  Q4     St. Louis Fed Real GDP Nowcast         +3.21    --   %
01-Dec 1115 **  Q4     NY Fed GDP Nowcast                       3.7    --   %
 
04-Dec 0945 *   Nov    ISM-NY current conditions               51.6    --
04-Dec 1000 **  Oct    factory new orders                       1.4    --   %
04-Dec 1000 **  Oct    factory orders ex transport              0.7    --   %
 
05-Dec 0830 **  Oct    trade balance                          -43.5    -- b USD
05-Dec 0855 **  02-Dec Redbook retail sales m/m                  --    --   %
05-Dec 0945 *** Nov    Markit Services Index (final)           54.7    --
05-Dec 1000 *** Nov    ISM Non-manufacturing Index             60.1    --
05-Dec 1000 **  Dec    IBD/TIPP Optimism Index                 53.6    --
05-Dec 1000 *   Q2     QCEW employment                           --    -- m 
 
06-Dec 0700 **  01-Dec MBA Mortgage Applications                 --    --   %
06-Dec 0815 *** Nov    ADP private payrolls                     235    -- k 
06-Dec 0830 **  Q3     non-farm productivity (f)                3.0    --   %
06-Dec 0830 **  Q3     unit labor costs (f)                     0.5    --   %
06-Dec 1000 *   Dec    help-wanted online ratio                1.21    --
06-Dec 1030 **  01-Dec crude oil stocks ex. SPR w/w              --    -- m bbl
06-Dec 1500 *   Nov    Treasury STRIPS Holdings                  --    -- b USD
 
07-Dec 0730 *   Nov    challenger layoff plans                 -3.0    --   %
07-Dec 0830 **  02-Dec jobless claims                            --    -- k 
07-Dec 0945 *   03-Dec Bloomberg comfort index                   --    --
07-Dec 1000 *   Q3     Service Revenue                           --    --   %
07-Dec 1030 **  01-Dec natural gas stocks w/w                    --    --   Bcf
07-Dec 1200 *   Q3     domestic non-financial debt               --    --   %
07-Dec 1500 *   Oct    consumer credit                         20.8    -- b USD
07-Dec 1500 *   Nov    Treasury Allotments (final)               --    -- b USD
07-Dec 1630 **  06-Dec Fed weekly securities holdings            --    -- t USD
 
08-Dec 0830 *** Nov    nonfarm payrolls                         261    -- k 
08-Dec 0830 *** Nov    private payrolls                         252    -- k 
08-Dec 0830 *** Nov    unemployment rate                        4.1    --   %
08-Dec 0830 *** Nov    average hourly earnings                  0.0    --   %
08-Dec 0830 *** Nov    average workweek, all workers           34.4    --   hrs
08-Dec 1000 **  Oct    wholesale inventories                    0.3    --   %
08-Dec 1000 **  Oct    wholesale sales                          1.3    --   %
08-Dec 1000 *** Dec    Michigan sentiment index (p)            98.5    --
08-Dec 1100 **  Q4     St. Louis Fed Real GDP Nowcast            --    --   %
08-Dec 1115 **  Q4     NY Fed GDP Nowcast                        --    --   %
 
11-Dec 1000 **  Oct    JOLTS job openings level                6093    -- k 
11-Dec 1000 **  Oct    JOLTS quits rate                         2.2    --   %
11-Dec 1000 *   Nov    ETI                                    135.57   --
11-Dec 1100 **  Dec    NY Fed expectations survey                --    --
 
12-Dec 0600 **  Nov    NFIB Small Business Index              103.8    --
12-Dec 0830 *** Nov    Final Demand PPI                         0.4    --   %
12-Dec 0830 *** Nov    PPI ex. food and energy                  0.4    --   %
12-Dec 0830 *** Nov    PPI ex. food, energy, trade              0.2    --   %
12-Dec 0855 **  09-Dec Redbook retail sales m/m                  --    --   %
12-Dec 1100 **  Nov    Kansas City Fed LMCI                    0.52    --
12-Dec 1400 **  Nov    Treasury budget balance                -63.2    -- b USD
 
13-Dec 0700 **  08-Dec MBA Mortgage Applications                 --    --   %
13-Dec 0830 *** Nov    CPI                                      0.1    --   %
13-Dec 0830 *** Nov    CPI Ex Food and Energy                   0.2    --   %
13-Dec 1030 **  08-Dec crude oil stocks ex. SPR w/w              --    -- m bbl
 
14-Dec 0830 **  09-Dec jobless claims                            --    -- k 
14-Dec 0830 *** Nov    retail sales                             0.2    --   %
14-Dec 0830 *** Nov    retail sales ex. motor vehicle           0.1    --   %
14-Dec 0830 *** Nov    retail sales ex. mtr veh, gas            0.3    --   %
14-Dec 0830 **  Nov    imports price index                      0.2    --   %
14-Dec 0830 **  Nov    exports price index                      0.0    --   %
14-Dec 0945 *** Dec    Markit Services Index (flash)             --    --
14-Dec 0945 *** Dec    Markit Mfg Index (flash)                  --    --
14-Dec 0945 *   10-Dec Bloomberg comfort index                   --    --
14-Dec 1000 *   Oct    business inventories                     0.0    --   %
14-Dec 1030 **  08-Dec natural gas stocks w/w                    --    --   Bcf
14-Dec 1630 **  13-Dec Fed weekly securities holdings            --    -- t USD
 
15-Dec 0830 **  Dec    Empire Manufacturing Index              19.4    --
15-Dec 0915 *** Nov    industrial production                    0.9    --   %
15-Dec 0915 *** Nov    capacity utilization                    77.0    --   %
15-Dec 1000 **  Dec    Atlanta Fed inflation                    2.0    --   %
15-Dec 1100 **  Q4     St. Louis Fed Real GDP Nowcast            --    --   %
15-Dec 1115 **  Q4     NY Fed GDP Nowcast                        --    --   %
15-Dec 1600 **  Oct    net TICS flows                            --    -- b USD
15-Dec 1600 **  Oct    long term TICS flows                      --    -- b USD
 
18-Dec 0830 **  Dec    NY Fed Business Leaders Index           18.9    --
18-Dec 1000 **  Dec    NAHB home builder index                   70    --
 
19-Dec 0830 *** Nov    housing starts                          1.29    -- m 
19-Dec 0830 *** Nov    building permits                       1.297    -- m 
19-Dec 0830 *   Q3     current account balance                -123.1   -- b USD
19-Dec 0855 **  16-Dec Redbook retail sales m/m                  --    --   %
 
20-Dec 0700 **  15-Dec MBA Mortgage Applications                 --    --   %
20-Dec 1000 *** Nov    existing home sales                     5.48    -- m 
20-Dec 1030 **  15-Dec crude oil stocks ex. SPR w/w              --    -- m bbl
 
21-Dec 0830 **  16-Dec jobless claims                            --    -- k 
21-Dec 0830 *** Q3     GDP (3rd)                                 --    --   %
21-Dec 0830 *** Q3     GDP Price Index                           --    --   %
21-Dec 0830 **  Dec    Philadelphia Fed Mfg Index              22.7    --
21-Dec 0900 **  Oct    FHFA Home Price Index                     --    --   %
21-Dec 0945 *   17-Dec Bloomberg comfort index                   --    --
21-Dec 1000 **  Nov    leading indicators                       1.2    --   %
21-Dec 1030 **  15-Dec natural gas stocks w/w                    --    --   Bcf
21-Dec 1630 **  20-Dec Fed weekly securities holdings            --    -- t USD
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE,M$U$$$]