Analysis

Advance US Durable Goods Wednesday [Video]

UK Public Sector Finances for October open this agenda at 9:30 in the morning. Borrowing excluding public sector banks was 4.1 billion in September. This was the lowest reading for this month in 11 years. The high importance Advance US Durable Goods for October open the 1:30 PM GMT data run. The overall durable goods orders were up by point 7% in September, but the core measure stood unchanged. US Jobless Claims are also out at the same time. Initial claims rose by 2 thousand during the week ending November the 10th. Canadian wholesale sales for September wrap up the 1:30 PM data run. Sales were down by point 1% to 63.6 billion in August. Then a total of three North American releases will be available 3 PM GMT. Including final University of Michigan Survey for November. According to preliminary report, consumer sentiment slipped from 99 to 98.3. Leading Indicators for October continue the 3 PM data run. Leading index gained a half a percent in September and this was the 12th consecutive monthly increase. US Existing Home Sales for October is the final item out at 3 PM. A decline of 3.4% put the home sales down to a seasonally adjusted rate of 5.15 million in September. And the final item for this agenda is the Japanese National CPI for October at 11:30 PM GMT. Core inflation continued accelerating in September to hit 1%, a multi year high.

 

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