Canada CPI, Fed speak

Today's economic releases and events include:

  • Canada CPI for October. 8:30 AM ET/1330 GMT. Estimate 0.7% MoM vs 0.2% last month. The Core CPI was +0.3% last month. YoY expected at 4.7% versus 4.4% last month. The core CPI YoY came in at 3.7% with the expectation today at 3.5%
  • US building permits and housing starts. 8:30 AM ET/1330 GMT. Housing starts are expected at 1.58M versus 1.555M last month. Building permits are expected at 1.640M vs 1.589M last month
  • U.S. Treasury to auction off 20 year bonds at 1 PM ET.

Fedspeak is expected from:

  • Feds Williams at 9:10 AM/1410 GMT
  • Fed Bowman at 11 AM ET/1600 GMT
  • Fed's Daly at 12:40 AM ET/1740 GMT
  • Feds Waller at 12:40 AM ET/1740 GM