Wednesday: Busiest data drop for....>

US DATA PREVIEW: Wednesday: Busiest data drop for the week includes weekly

jobless claims one day early due to Thursday's close; Oct durable goods;

existing home sales; leading indicators. The U.S. Treasury will auction $11B 10Y

TIPS.

- Nomura economists "expect a steady 0.2% m-o-m increase in durable goods orders

excluding volatile transportation components in October while housing starts may

rebound from a sharp decline in September. However, existing home sales will

likely slow further amid signs of some easing in housing demand."

- Morgan Stanley economists "expect orders excluding transportation to rise a

decent 0.3%, improving after a flat reading in September. For headline orders,

meanwhile, industry data points to the weakest month of aircraft orders since

January, and we consequently look for overall durable goods orders to decline by

0.1%."