Calendar: Nov 28 – Dec 2

Calendar: Nov 28 – Dec 2

Monday, November 28

(830 am ET) Canada current account balance

Earnings include: Pinduoduo Inc.


Tuesday, November 29

Japan jobless rate and retail sales for October

Euro area economic and consumer confidence indexes

(830 am ET) Canada real GDP for the third quarter. BMO expects an annualized growth rate of 1.5%, with a flat reading for September.

(9 am ET) U.S. S&P CoreLogic Case-Shiller 20-city Home Price Index for September. Consensus is for a 1.2% drop from August, but with prices up 10.7% year over year. Also FHFA House Price Index to be released.

(10 am ET) U.S. Conference Board consumer confidence index for November. Consensus is for the index to fall to 100 from October’s 102.5.

Earnings include: Bank of Nova Scotia; Hewlett Packard Enterprise Co.; Intuit Inc.; Shaw Communications Inc.; Workday Inc.


Wednesday, November 30

China PMIs and industrial production

Euro area CPI for November, plus German unemployment data and the latest GDP readings from France and Italy.

(815 am ET) U.S. ADP National Employment Report for November.

(830 am ET) U.S. real GDP for the third quarter. Consensus is for annualized growth of 2.7%.

(830 am ET) U.S. goods trade deficit for October.

(830 am ET) U.S. wholesale and retail inventories.

(945 am ET) Chicago PMI

(10 am ET) U.S. pending home sales for October. Consensus is for a 5.2% decline.

(10 am ET) U.S. job openings and labor turnover survey.

(130 pm ET) Fed Chair Powell speaks in Washington on the economic outlook

(2pm ET) U.S. Fed Beige Book

Earnings include: BRP Inc.; National Bank of Canada; Royal Bank of Canada; Salesforce Inc.


Thursday, December 1

China Caixin manufacturing PMI for November. Japan capital spending, manufacturing PMI and consumer confidence data.

Euro area jobless rate for October, plus German retail sales. UK manufacturing PMI for November and nationwide house prices.

(830 am ET) Canada labour productivity for the third quarter.

(930 am ET) S&P global manufacturing PMI for Canada for November.

(830 am ET) U.S. initial jobless claims.

(830 am ET) U.S. personal spending and personal income for October. Consensus is for rise of 0.8% and 0.4%, respectively.

(830 am ET) U.S. core PCE price index for October. Consensus is for a rise of 0.3% on a monthly basis, or 5% from a year earlier.

(945 am ET) U.S. S&P global manufacturing PMI for November.

(10 am ET) U.S. construction spending for October. Consensus is for a drop of 0.2%.

North American auto sales

Earnings include: Bank of Montreal; Canadian Imperial Bank of Commerce; Dollar General Corp.; Toronto-Dominion Bank


Friday, December 2

Euro area producer price index, Germany trade surplus and France industrial production data.

(830 am ET) Canada employment for November. BMO expects net job gains of 10,000 – well below the gains of 108,300 in October. It expects the unemployment rate to rise to 5.3% from 5.2%. Consensus is for average hourly wages to be up 5.4% from a year earlier, slightly below October’s 5.6% gain.

(830 am ET) U.S. nonfarm payrolls for November. Consensus is for net job gains of 200,000, below October’s gains of 261,000, with the unemployment rate holding steady at 3.7%. Average hourly earnings are forecast to be up 4.6% from a year ago.

Earnings include: Canadian Western Bank; Marvell Technology Group Ltd.

Sunday, December 5

OPEC+ meeting






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