The important thing reviews this week embrace the 2nd estimate of Q3 GDP and October New House Gross sales.
—– Monday, November twenty fifth —–
8:30 AM ET: Chicago Fed Nationwide Exercise Index for October. It is a composite index of different knowledge.
10:30 AM: Dallas Fed Survey of Manufacturing Exercise for November.
—– Tuesday, November twenty sixth —–
9:00 AM ET: S&P/Case-Shiller Home Worth Index for September.
This graph reveals graph reveals the Yr over 12 months change within the seasonally adjusted Nationwide Index, Composite 10 and Composite 20 indexes by the newest report (the Composite 20 was began in January 2000).
The Nationwide index was up 4.2% YoY in August and is predicted to extend about the identical in September.
9:00 AM: FHFA Home Worth Index for September. This was initially a GSE solely repeat gross sales, nevertheless there’s additionally an expanded index. The Conforming mortgage limits for subsequent 12 months can even be introduced.
10:00 AM: New House Gross sales for October from the Census Bureau.
This graph reveals New House Gross sales since 1963. The dashed line is the gross sales price for final month.
The consensus is for 730 thousand SAAR, down from 738 thousand in September.
10:00 AM: Richmond Fed Survey of Manufacturing Exercise for November. That is the final of the regional Fed manufacturing surveys for November.
2:00 PM: FOMC Minutes, Minutes Assembly of November 6-7, 2024
—– Wednesday, November twenty seventh —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
8:30 AM: The preliminary weekly unemployment claims report will likely be launched. The consensus is for 220 thousand preliminary claims, up from 213 thousand final week.
8:30 AM: Gross Home Product (Second Estimate) and Company Income (Preliminary), third Quarter 2024. The consensus is that actual GDP elevated 2.8% annualized in Q3, unchanged from the advance estimate of two.8% in Q3.
8:30 AM: Private Revenue and Outlays, October 2024. The consensus is for a 0.3% enhance in private revenue, and for a 0.4% enhance in private spending. And for the Core PCE value index to extend 0.3%. PCE costs are anticipated to be up 2.1% YoY, and core PCE costs up 2.7% YoY.
8:30 AM: Sturdy Items Orders for October from the Census Bureau. The consensus is for a 0.1% enhance in sturdy items orders.
9:45 AM: Chicago Buying Managers Index for November.
10:00 AM: Pending House Gross sales Index for October.
—– Thursday, November twenty eighth —–
All US markets will likely be closed in observance of the Thanksgiving Day Vacation.
—– Friday, November twenty ninth —–
The NYSE and the NASDAQ will shut early at 1:00 PM ET.
