by Calculated Risk on 11/18/2017 08:09:00 AM
Saturday, November 18, 2017
The key economic report this week is October existing home sales.
No economic releases scheduled.
8:30 AM ET: Chicago Fed National Activity Index for October. This is a composite index of other data.
10:00 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
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
All US markets will be closed in observance of the Thanksgiving Day Holiday.
The NYSE and the NASDAQ will close early at 1:00 PM ET.
Posted by Calculated Risk on 11/18/2017 08:09:00 AM