US – Unemployment Claims
The number of individuals who filed for unemployment benefit for the first time was 245K in the week ending November 5. A decrease of 11,000 from the previous week’s unrevised level of 265K.
This marks 88 consecutive weeks of initial claims below 300K the longest streak since 1970.
US – Natural Gas Storage
US natural gas inventories increased/decreased by 54B cubic feet similar to the previous week.
Gas inventories build ups have been decreasing for 4 weeks consecutive weeks and are starting to stabilise.
US – 10-y Bond Auction
Yesterday’s US government 10-year bond auction resulted in a higher average yield of 2.02% (1.79% previously) and a lower bid-to-cover ratio of 2.2 (2.5 previously).
Canada – New Housing Price Index m/m
Canada’s NHPI rose 0.2% in September compared with the previous month.
The indexes from the combined region of Toronto, Oshawa and Vancouver contributed the most to the monthly increase.
UK – RICS House Price Balance
The national house price balance crept higher to 23% in September, from 18% during the previous month with respondents in all areas except London and the North East reporting growth.
EU – French Industrial Production m/m
Industrial production in France fell -1.1% in September after a positive 2.3% growth in August.
Over Q3’16, output grew slightly in the manufacturing industry by 0.2% compared to the previous quarter.
EU – Italian Industrial Production m/m
Italy’s industrial production dropped 0.8% in September compared to August which saw a revised 1.8% increase.
Compared to the same period in 2015, September increased by 1.8%.
Japan – Core Machinery Orders m/m
Private-sector core machinery orders, excluding orders for ships and electric power companies, decreased by 3.3% in September.
Japan – M2 Money Stock y/y
Japan’s M2 money stock rose to a seasonally adjusted 3.7% in October, from a downwardly revised 3.5% in the previous month.
Japan – Prelim Machine Tool Orders y/y
The preliminary machine tool orders declined another 2.6% from -6.3% in September to -8.9% in October.
Australia – MI Inflation Expectations
The Melbourne Institute survey of consumer inflationary expectations, fell by 0.5% points to 3.2% in November from 3.7 per cent in October.
Australia – Home Loans m/m
The number of home loans issued by Australian authorities rose by a seasonally adjusted 1.6% in August, following a revised decline of 2.7% in July.
Upcoming Data Releases