Retail sales highlight the economic releases

Today is a fairly busy day as far as economic statistics with US retail sales headlining the release/event calendar. Below is a look at the major releases and events scheduled:

  • Canada housing starts for October. 8:15 AM ET/1315 GMT. The year on year is expected to show a rate of 255.0K versus 251.2 K last month
  • US retail sales for October are expected to rise for the third consecutive month. 8:30 AM ET/1330 GMT. Estimate 1.2% versus 0.7% last month. The control group 0.9% versus 0.8%. Ex auto 1.0% versus 0.8%
  • US export/import price index for October. 8:30 a.m. ET/1330 GMT. Import price index for October 1.0% versus 0.4% last month. Export price index at 0.8% versus 0.1% last month. Import prices year on year came in at +9.2% last month. Export prices year on year came in at 16.3%
  • US industrial production/capacity utilization for October. 9:15 AM ET/1415 GMT Industrial production estimate 0.7% versus -1.3% last month. Capacity utilization 75.9% versus 75.2% last month
  • US business inventories. 10 AM ET/1500 GMT. Estimate 0.7% versus 0.6% last month.
  • US NAHB housing market index for November. 10 AM ET/1400 GMT Estimate 80 versus 80 last month
  • Fed's Bostic speaking. 12 PM ET/1700 GMT
  • Fed's Barkin speaking. 12 PM ET/1700 GMT
  • ECB's Lagarde speaking. 12:10 PM ET/1710 GMT
  • US Total net TIC flows for September. 3 PM ET/2000 GMT. Last month $91.0 billion. Net long-term to close. Last month $79.3 billion
  • Fed's Daly speaking. 3:30 PM ET/2030 GMT