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Canada: Housing data in focus today – TDS

Analysts at TDS suggest that Canada’s existing home sales and Teranet HPI will give an update on housing for the month of October.

Key Quotes

“Home sales are coming off a 2.1% increase in September and the regional performance in Toronto and Vancouver will likely drive another improvement this month. Bank of Canada Senior Deputy Wilkins is scheduled to give a speech on monetary policy uncertainty after the close at 18:45 ET. The fifth round of NAFTA negotiations will begin in Mexico City on Wednesday and run through next Tuesday.”

India: A 3-year high trade deficit - ING

According to Prakash Sakpal, Economist at ING, a 3-year high trade deficit raises the risk of India’s twin-deficits, which they expect to sustain upwa
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US: Expect a 0.2% increase in total retail sales - Nomura

Analysts at Nomura expect US core (“control”) retail sales to have increased a healthy 0.4% m-o-m in October, in line with healthy labor markets and s
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