Economic events of this week

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Monday: October’s Pending Home Sales will be published in the U.S., following a nosedive recorded last month. The Dallas Fed Manufacturing Outlook will also be published. 

Tuesday: The Consumer Confidence Index will be published in Italy, the current analyst estimation is that data will not prove optimistic. In the U.S., Housing starts and the Consumer Confidence Index are due. 

Wednesday: Retail Sales data will be published in unemployment-struck Spain. Third quarter’s preliminary GDP data will be published in the U.K., where analyst predict a nearly continent-leading 1.5% year over year growth. MBA Mortgage Applications are due in the U.S. Initial Jobless claims will also make their weekly appearance, in yet another attempt to revert to pre-shutdown levels. U.S. Durable Goods New Orders and the University of Michigan’s Consumer Confidence Index will also be published.

Thursday: The final figure of Spain’s 3Q GDP data will be published. Preliminary inflation figures are also due, as the weak local demand makes analysts predict only a 0.2% annual increase of prices. Unemployment will be published in Germany, following a 6.9% figure recorded during last month. 

Friday: Jobless Rate and Consumer Price Index will be published in Japan. Preliminary Industrial Production figures are also due. Nationwide House Prices will be published in the U.K., while anticipation is for the continued surge of house prices as analysts predict the figure to present a 6.2% annual growth of prices in November, versus 5.8% in Oct. Later that day, the U.K. Mortgage Approvals will be published. The Eurostat will publish its flash estimate for the Eurozone’s Consumer Price Index. 

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