14.11.202517:50:07UTC+00Week Ahead - Nov 17th

With the conclusion of the extended government shutdown, investors are now turning their attention to the updated schedule of economic reports from U.S. government agencies. Key private sector releases on the horizon include the preliminary S&P PMIs, existing home sales data, the NAHB Housing Market Index, and the weekly ADP Employment data. The markets are also anticipating Nvidia's earnings for a fresh evaluation of AI market dynamics, alongside earning reports from major retailers such as Walmart, Target, and Home Depot to gauge consumer spending power. On the monetary policy front, minutes from meetings of the Federal Reserve and the Reserve Bank of Australia are expected. In addition, preliminary PMI data will be significant in the Eurozone, the UK, Japan, Australia, and India. Japan is set to release its third-quarter GDP figures and October's inflation rate. Furthermore, Canada will update its Consumer Price Index, while GDP reports are expected from Switzerland, Denmark, Norway, Mexico, and Thailand.