Monday Morning Meeting Notes (11/27/2023)

General Info:

• Fun Fact: China is home to the world’s highest bridge. The 4,400-foot-long Duge Beipanjiang Bridge goes across an 1,854-foot valley

Monday 11/27:

• U.S. new home sales for October

Tuesday 11/28:

• Hewlett-Packard Enterprise, Intuit, Splunk, Workday, NetApp, and Pinduoduo report earnings
• U.S. Conference Board consumer confidence for November
• Taiwan GDP data for Q3 2023

Wednesday 11/29:

• La-Z-Boy, Salesforce, Pure Storage, and Dollar Tree report earnings
• U.S. GDP data for Q3 2023 (second reading)
• Consumer price index (CPI) data for Germany and Spain
• Eurozone economic confidence and consumer confidence data for November
• U.S. Federal Reserve (Fed) releases its beige book of regional economic activity
• The OECD releases its biannual outlook, which includes its new economic forecasts

Thursday 11/30:

• Kroger, Dell Technologies, Royal Bank of Canada, and Toronto-Dominion Bank report earnings
• OPEC+ meeting is held and will be focused on finalizing oil output levels for 2024
• U.S. personal income and spending data, which includes the Fed’s preferred inflation measure – personal consumption expenditures (PCE)
• PCE is expected to have risen 0.1% month-over-month and 3.1% year-over-year (vs. 3.4% last month)
• Core PCE, which excludes volatile food and energy costs, is expected to have increased 0.2% month-over-month and 3.5% year-over-year (vs. 3.7% last month)
• U.S. initial jobless claims and continuing claims data
• Eurozone unemployment data for October
• Eurozone CPI data for November
• China manufacturing and non-manufacturing PMI data for November
• Hong Kong retail sales for October
• South Korea industrial production for October

Friday 12/01:

• U.S. light vehicle sales data for November
• S&P Global Manufacturing PMI data for the U.S., Eurozone, U.K., Japan, Germany, France, South Korea, and Taiwan
• China Caixin Manufacturing PMI data for November
• Macau casino revenue for November