S & P Case Schiller due at 9:00. Consumer Confidence and Richmond Fed Man. Index comes out at 10 AM
The monthly S & P Case Schiller Home Price index is due at 9:00 AM. The expectation is for a YoY decline of -9.10% from -11.32%. This release shows the YoY decline in prices for the top 20 housing markets in the US.
The Conference Board Consumer Confidence for November will be released at 10 AM. The expectation for this release is for the index to decline to 47.5 from 47.7. The index reached a low of 25.30 in February 2008. Since that time the release has moved higher in a up and down pattern
Also at 10 AM, the Richmond Fed Manufacturing index will be released. The Philly Fed Index was releassed last week better than expectations. The Empire Manufacturing index was released earlier and that came in worse than expected. The Richmond Fed index is expected to show a small gain to 8 from 7. The index reached a low of -55 in December 2008. The recent peak was 14 in July, August and September. Last month the index declined to 7.
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