- Final Q2 GDP figures from Germany - no change expected to 0.3% QoQ initial reading. Positive growth, but still down over -7% YoY
- Switzerland SNB's Hildebrand and Jordan to speak
- US Jun. CaseShiller/S&P500 House Price Index - the data is a bit old for this survey...signs are that prices are stabilizing, but delinquencies are still rising and 30% or more of mortgage holders are under water (owe more than their houses are worth). Any talk of a real housing recovery is impossible.
- US Aug. Consumer Confidence - one of the real indicators that suggest stock markets should tread carefully. Confidence is still very low - and the average consumer still has a lot of deleveraging to do.
- US Weekly ABC Consumer Confidence - the most leading of the confidence surveys, though it garners less attention than it should
Monday, 26 October 2009
GDP figures
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