Saturday, November 18, 2017

Schedule for Week of Nov 19, 2017

by Bill McBride on 11/18/2017 08:09:00 AM

The key economic report this week is October existing home sales.

Happy Thanksgiving!

----- Monday, Nov 20th -----

No economic releases scheduled.

----- Tuesday, Nov 21st -----

8:30 AM ET: Chicago Fed National Activity Index for October. This is a composite index of other data.

Existing Home Sales10:00 AM: Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 5.40 million SAAR, up from 5.39 million in August.

The graph shows existing home sales from 1994 through the report last month.

Housing economist Tom Lawler expects the NAR to report sales of 5.60 million SAAR for October.

6:00 PM ET: Panel Discussion with Fed Chair Janet Yellen, Moderated discussion with Mervyn King, At the New York University Stern School of Business, New York, New York

----- Wednesday, Nov 22nd -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 240 thousand initial claims, down from 249 thousand the previous week.

8:30 AM: Durable Goods Orders for October from the Census Bureau. The consensus is for a 0.5% increase in durable goods orders.

10:00 AM: University of Michigan's Consumer sentiment index (final for November). The consensus is for a reading of 97.9, up from the preliminary reading 97.8.

2:00 PM: FOMC Minutes, Meeting of October 31- November 1, 2017

----- Thursday, Nov 23rd -----

All US markets will be closed in observance of the Thanksgiving Day Holiday.

----- Friday, Nov 24th -----

The NYSE and the NASDAQ will close early at 1:00 PM ET.