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US: Focus on consumer confidence and Fed speak – TDS

Analysts at TD Securities suggest that the US Conference Board consumer confidence is expected to edge lower to 135.9 from a post-crisis high of 137.9 in November.

Key Quotes

“Both the present situation and expectations components have held up despite elevated trade uncertainty but recent market volatility could have an adverse impact.”

“There are also several Fed speakers on the calendar; at 8:30 ET Fed Vice Chair Clarida will speak in New York ahead of a 14:30 ET panel with Bostic, Evans and George.”

United Kingdom CBI Distributive Trades Survey - Realized (MoM) above forecasts (10%) in November: Actual (19%)

United Kingdom CBI Distributive Trades Survey - Realized (MoM) above forecasts (10%) in November: Actual (19%)
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China: Industrial profits severely squeezed – ING

Iris Pang, Economist at ING, points out that China’s industrial profit growth slowed to 3.6% year-on-year in October from 4.1% in the previous month,
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