What releases and events will help drive the markets next week.
The weekend will have the EU/UK summit in Brussels. The hope is that the EU approve the draft Brexit agreement and political declaration on the future ties with the EU. Gibraltar may cause a sticky point for the agreement.
Monday:
- New Zealand retail sales QoQ 4:45 PM ET/2145 GMT. Est 1.0% vs 1.1% last
- Draghi speaks at 9 AM ET/1400 GMT
- BOE Gov Carney speaks 1:30 PM ET/1830 GMT
Tuesday:
- US consumer confidence. 10 AM ET/1500 GMT. Est 135.8 vs 137.9 last
- RBNZ Financial stability report, 3 PM ET/2000 GMT
- RBNZ Gov. Orr speaks, 5 PM ET/2200 GMT
Wednesday:
- UK bank stress test results
- US preliminary GDP for 3Q, 8:30 AM ET/1330 GMT. Estimate 3.6% versus 3.5%. Personal consumption 3.7% estimate versus 4.0%
Thursday:
- ANZ business confidence for NZ. 7 PM ET/0000 GMT
- Australia private capital expenditures for 3Q, 7:30 PM ET/0030 GMT
- ECB Draghi speaks, 3 AM ET/0800 GMT
- FOMC meeting minutes, 2 PM ET/1900 GMT
Friday
- Canada GDP September, 8:30 a.m. ET/1330 GMT. MoM estimate 0.1%. YoY estimate 2.3% versus 2.5% last
