Economic Data
- (DE) Germany Nov CPI Baden Wuerttemberg M/M: 0.0% v -0.2% prior; Y/Y: 0.5% v 0.8% prior (lowest annual reading since Feb 2010)- (BR) Brazil Oct PPI Manufacturing M/M: 0.7 v 1.0% prior; Y/Y: 4.0% v 2.9% prior
- (RU) Russia Gold and Forex Reserve w/e Nov 21st: $420.4B v $420.6B prior
- (DE) Germany Dec GfK Consumer Confidence: 8.7 v 8.6e
- (DE) Germany Nov Preliminary CPI M/M: 0.0% v 0.0%e; Y/Y: 0.6% v 0.6%e
- (DE) Germany Nov Preliminary CPI EU Harmonized M/M: 0.0% v 0.0%e; Y/Y: 0.5% v 0.5%e
- (CA) Canada Q3 Current Account Balance: -$8.4B v -$11.2Be
- OPEC maintains its oil production quota at 30M bps (in line with consensus), says it will monitor the market reaction.
Oil hit fresh 4-year lows after OPEC maintained its production quota at 30M bpd. Brent fell below $74/barrel for its lowest level since 2010, and WTI crude approached $70/bbl.
Looking Ahead
All times listed for economic events are denominated in Eastern Standard Time (Add 5 hours for GMT equivalent)- (BR) Brazil President Rousseff to announce new economic team
- 12:00 (FR) France Oct Net Change in Jobseekers: +15.0Ke v +19.2K prior; Total Jobseekers: 3.448Me v 3.433M prior
- 16:00 (KR) South Korea Dec Business Survey Manufacturing: No est v 74 prior; Non-Manufacturing Survey: No est v 67 prior
- 18:30 (JP) Japan Oct Jobless Rate: 3.6%e v 3.6% prior
- 18:30 (JP) Japan Oct National CPI Y/Y: 3.0%e v 3.2% prior; CPI Ex Fresh Food Y/Y: 2.9%e v 3.0% prior; CPI Ex Food, Energy Y/Y: 2.2%e v 2.3% prior
- 18:30 (JP) Japan Nov Tokyo CPI Y/Y: 2.3%e v 2.3% prior; CPI Ex Fresh Food Y/Y: 2.4%e v 2.5% prior; CPI Ex Food, Energy Y/Y: 2.0%e v 2.1% prior
- 18:50 (JP) Japan Oct Retail Sales M/M: -0.5%e v +2.7% prior; Retail Trade Y/Y: 1.4%e v 2.3% prior; Large Retailers' Sales: 0.2%e v 0.5% prior
- 18:50 (JP) Japan Oct Preliminary Industrial Production M/M: -0.5%e v 2.9% prior; Y/Y: -1.7%e v +0.8% prior
- 19:05 (UK) Nov GfK Consumer Confidence: -1 v -2 prior
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