Schedule for Week of November 5, 2023

This will be a light week for economic data.

----- Monday, November 6th -----
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) for October.

----- Tuesday, November 7th -----
8:00 AM ET: Corelogic House Price index for September.

8:30 AM: Trade Balance report for September from the Census Bureau.  The consensus is for the deficit to be $60.3 billion in September, from $58.3 billion in August.

This graph shows the U.S. trade deficit, with and without petroleum, through the most recent report.

The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.

11:00 AM: NY Fed: Q3 Quarterly Report on Household Debt and Credit

----- Wednesday, November 8th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

----- Thursday, November 9th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 221 thousand initial claims, up from 217 thousand last week.

----- Friday, November 10th -----
Veterans Day Holiday: Most banks will be closed in observance of Veterans Day. The stock market will be open.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for November).