This Week: A Full Week Before Christmas

Monday

10:00 AM Homebuilder confidence is projected to rise to 36, the first increase in the index since July.

10:00 PM The Bank of Japan is expected to hold rates at -0.1%

Tuesday

8:30 AM The Canadian inflation rate is expected to slow to 2.9% in November, the lowest rate since June.

8:30 AM Building permits are expected to have fallen 1.9% in November

8:30 AM Housing starts are expected to have fallen 0.9% in November

Wednesday

2:00 AM UK’s inflation rate is expected to have slowed to 4.4% in November

7:00 AM Mortgage demand & rates

10:00 AM Consumer confidence is expected to rise to 104.3

10:00 AM Existing-home sales are expected to fall to 0.5% to 3.77M in November

Thursday

8:30 AM Final estimate for Q3 GDP is expected to hold at 5.2%

8:30 AM Jobless claims are expected to rise to 218k

12:00 PM Mortgage rates

6:30 PM Japan’s inflation rate is expected to have slowed to 2.6% in November

Friday

8:30 AM The PCE Price Index is expected to show prices holding steady in November which should drop the year-over-year index to 2.8% in November.

8:30 AM Personal income is expected to have risen 0.4% and personal spending is expected to have risen 0.3% in November

10:00 AM New home sales are expected to have risen 0.9% in November