Economic Calendar for the Week of November 10 – November 14

Posted by yourmortgageplanner in Economy, Financial Awareness, Mortgage Rates on 11 10th, 2008 | no responses

Friday the 14th brings another BIG Economic day with Retail Sales and UofM CSI set to report. The forecast is week for both. 

 

The Bright side for both:

If you’re a Shopper and Tis’ the Season, I am confident you will start to see an increase in bargains and discounts.

If you are in search for a NEW Home or thinking of Refinancing to take advantage of the grate rates, rates will most likely improve given the week numbers.

 

Remember when stocks perform poorly there is a flight to security, that being Bonds, and as Bonds increase in price there yields decrease, in return equaling a lower rate.

 

Economic Calendar for the Week of November 10 – November 14

Date

ET

Economic Report

For

Estimate

Actual

Prior

Impact

Thu. November 13

08:30

Jobless Claims (Initial)

11/8

479K

 

481K

Moderate

Thu. November 13

08:30

Balance of Trade

Sept

-$56.8B

 

-$59.1B

Moderate

Fri. November 14

08:30

Retail Sales

Oct

-1.2%

 

-1.2%

HIGH

Fri. November 14

08:30

Retail Sales ex-auto

Oct

-0.9%

 

-0.6%

HIGH

Fri. November 14

10:00

Consumer Sentiment Index (UoM)

Nov

57.0

 

57.5

Moderate

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