North American Calendar:
November 17 – November 21
Canada
Monday November 17
8:30 am
Tuesday November 18
Int’l Securities Transactions
Inflows
Outflows
Sep.
Aug.
$10.3 bln
$0.3 bln
8:30 am
Sep.
Aug.
New Motor Vehicle Sales D
+12.5% y/y
+7.9% y/y
9:00 am
Existing
Home Sales D
+6.0% y/y
+10.6% y/y
BoC Deputy Governor Côté
speaks to CFA Society in
Calgary
Thursday November 20
8:30 am
Sep. (e)
Aug.
Wholesale Trade
+0.3%
+0.2%
12:05 pm 2-year bond auction
$3.0 bln (new cash $3.0 bln)
7:45 am
ICSC Same-Store Sales
Nov. 15
Nov. 8 (mtd) +1.5%
+2.1% y/y
7:00 am
Nov. 14
Nov. 7
MBA Mortgage Apps
8:30 am
Oct. (e)
PPI Final Demand
-0.3%
+1.1% y/y
8:30 am
Oct. (e)
Housing Starts
1.020 mln a.r. (+0.3%)
Sep.
-0.1%
Sep.
1.017 mln a.r. (+6.3%)
Nov. (e)
Empire State
Manufacturing Survey
10.0
8:30 am
Oct. (e)
PPI Ex. Food & Energy
+0.1%
+1.5% y/y
Building Permits
1.031 mln a.r. (unch)
Consensus -0.1%
Oct.
6.2
Consensus +0.1%
8:30 am
Oct. (e)
9:15 am
unch
Sep.
2:00 pm
Oct. (e)
Industrial Capacity
Production Utilization
+0.2%
79.3%
Sep.
1.031 mln a.r. (+2.8%)
FOMC Minutes from
October 28-29 meeting
Sep.
+1.0%
Average
Prices
+6.0% y/y
+5.9% y/y
9:00 am
MLS Home Price Index D
Oct. (e)
+5.5% y/y
Sep.
+5.3% y/y
Ontario Economic and Fiscal Update
8:30 am
Consensus 11.3
Consensus +0.2%
79.3%
79.3%
Friday November 21
8:30 am
Oct. (e)
Consumer Price Index
m/m (nsa) y/y
-0.2%
+2.1%
(-0.1% sa)
Consensus -0.2%
10:35 am 3-, 6- & 12-month T-bill
auction $12.5 bln
(no new cash)
Oct. (e)
Sep.
United States
1:50 pm
Wednesday November 19
Consensus -0.1%
+1.2% y/y
+1.6% y/y
+1.5% y/y
+1.6% y/y
8:55 am
Redbook Same-Store Sales
Nov. 15
Nov. 8 (mtd) -1.0%
+3.8% y/y
10:00 am
Nov. (e)
NAHB Housing Market
Index
56
Oct.
54
4:00 pm
Net TIC Flows
Total
Long Term
Consensus 55
Sep.
Aug.
$74.5 bln
$52.1 bln
-0.9%
Consensus 1.025 mln a.r. (+0.8%)
Consensus 1.038 mln a.r. (+0.6%)
5-year bond auction announcement
8:30 am
Initial Claims
Nov. 15 (e) 280k (-10k) C
Nov. 8
290k (+12k)
8:30 am
Nov. 8
Nov. 1
Continuing Claims
8:30 am
Oct. (e)
CPI
-0.1%
Sep.
+0.1%
8:30 am
Oct. (e)
CPI Ex. Food & Energy
+0.1%
+1.7% y/y
Sep.
+0.1%
9:45 am
Markit Flash
Manufacturing PMI (Nov.)
10:00 am
Oct. (e)
Existing Home Sales
5.18 mln a.r. (+0.2%)
Sep.
5.17 mln a.r. (+2.4%)
10:00 am
Nov. (e)
Oct.
Philadelphia Fed Index
18.0
20.7
10:00 am
Oct. (e)
Leading Indicator
+0.3%
Sep.
+0.8%
+0.1%
8:30 am
Oct. (e)
Core CPI
+2.1% y/y
Sep.
+2.1% y/y
11:00 am
Kansas City Fed
Manufacturing Activity
6
4
Nov. (e)
Oct.
+1.6% y/y
+1.6% y/y
+1.7% y/y
+1.7% y/y
+1.7% y/y
Consensus 5.15 mln a.r. (-0.4%)
Consensus +0.5%
Fed Speaker:
Chicago’s Evans (10:00 am)
11:00 am 4-week bill auction
announcement
11:30 am 13- & 26-week bill auction
$52.0 bln
C
= consensus
D
= date approximate
R
Fed Speaker:
Minneapolis’ Kocherlakota (1:30 pm)
11:30 am 4-week bill auction
= reopening
+2.0%
Consensus +2.1% y/y
2,392k (+36k)
Consensus +0.1%
+2.0%
Sep.
Fed Speakers: Governor Tarullo (7:45
am); Cleveland’s Mester (1:30 pm); San
Francisco’s Williams (8:30 pm)
11:00 am 13- & 26-week bill, 2-, 5- &
7-year note, 2R-year FRN
auction announcements
1:00 pm 10R-year TIPS auction
$13.0 bln
Upcoming Policy Meetings | Bank of Canada: Dec. 3, Jan. 21, Mar. 4 | FOMC: Dec. 16-17, Jan. 27-28, Mar. 17-18
Global Calendar: November 17 – November 21
Japan
Monday November 17
Real GDP
Q3 P (e)
Q2
+0.5%
-1.8%
Tuesday November 18
unch y/y
unch y/y
Wednesday November 19
Thursday November 20
All Industry Activity Index
Sep. (e)
+1.1%
Aug.
-0.1%
Merchandise Trade Deficit
Oct. ’14 (e) ¥1.0 trln
Oct. ’13
¥1.1 trln
Leading Index
Sep. F (e) 105.6
Aug.
104.4
Manufacturing PMI
Nov. P (e) 52.7
Oct.
52.4
BoJ Monthly Report
Euro Area
Bank of Japan Monetary Policy Meeting (Nov. 18-19)
EURO AREA
Trade Surplus
Sep. (e)
€16.0 bln
Aug.
€15.8 bln
Friday November 21
EURO AREA
Composite PMI
Nov. P (e) 52.3
Oct.
52.1
GERMANY
ZEW Survey
Nov. (e)
0.5
Oct.
-3.6
PMI
Nov. P (e)
Oct.
Manufacturing
50.8
50.6
Services
52.4
52.3
U.K.
Consumer Confidence
Nov. A (e) -10.7
Oct.
-11.1
GERMANY
Producer Price Index
Oct. (e)
-0.2%
-1.0% y/y
Sep.
unch
-1.0% y/y
ITALY
Industrial Orders
Sep.
Aug.
+1.5%
-3.2% y/y
Rightmove House Prices
Nov.
Oct.
+2.6%
+7.6% y/y
Consumer Price Index
Oct. (e)
+0.1%
Sep.
unch
Core CPI
Oct. (e)
Sep.
+1.6% y/y
+1.5% y/y
Other
Producer Price Index—Output
Oct. (e)
-0.2%
-0.2% y/y
Sep.
-0.1%
-0.4% y/y
AUSTRALIA
New Motor Vehicle Sales
Oct.
Sep.
+2.9%
+0.8% y/y
Retail Sales
Oct. (e)
+0.3%
Sep.
-0.3%
+1.2% y/y
+1.2% y/y
AUSTRALIA
Minutes from the Reserve Bank of
Australia Nov. 4 Policy Meeting
+3.8% y/y
+2.7% y/y
Minutes from the Bank of England Nov.
5-6 Monetary Policy Meeting
CHINA
HSBC Manufacturing PMI
Nov. P (e) 50.2
Oct.
50.4
Real GDP
Q3 (e)
Q2
MEXICO
+0.9%
+1.0%
+2.3% y/y
+1.6% y/y
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