Key Indicators to Focus on

Tues, 27 Nov 2007

United States

• 9am: National Home Price Index - Expecting a decline to the tune of 5%
• 10am: Consumer Confidence - Forcasting 91.5 which is done on the previous level of 95.6

Euro

• Tentative: German CPI m/m (p) - Expecting an increase of around 0.1%, which is slightly down from previous period (0.2%)

Japan

• 6:50pm: Retail Sales y/y - The market is anticipating an increase of 0.6% in yearly retail sales, which is slightly up from previous period (0.5%)

Wed, 28 Nov 2007

United States

• 8:30am: Core Durable Goods Orders m/m - Forecasted at 0.4%, which is up from the previous month (0.3%)
• 10am: Existing Home Sales - Sales are expected to show a decline from 5.04m to 5m. This indicates a potential drop in demand for existing homes. It will be interesting to see how the subprime issues have effected the US housing market.

Euro

• 2am: German Consumer Confidence - This is expected to fall to around 4.5% from 4.9%