Market movers today
In the US, we will get the FOMC minutes from the October/November meeting and core capex orders for October. The last FOMC meeting revealed no new information and we do not expect much news from the minutes either - the Fed is on track to deliver another hike in December. Looking at core capex, it has been trending upwards since the spring in line with regional capex plan surveys. These suggest core capex orders growth of around 1.0% in October but the monthly changes are very volatile.
In the UK, we get Chancellor Philip Hammond's autumn budget statement to parliament at 13:30 CET.
The Swedish Riksbank's financial stability report is likely to draw attention, given the turnaround in the housing market.
In Norway, we expect LFS jobless rate to remain stable at 4.1% in September.
In Denmark, we expect a further drop in consumer confidence November to 6.8.
To read the entire report Please click on the pdf File Below: