The FOMC Minutes will be released on Wednesday afternoon. Aside from that release, it is a relatively quiet week on the macro front in the U.S., with PPI data on Tuesday and CPI data on Thursday.
In Japan, where the Nikkei fell 3% overnight after weaker than expected Q3 GDP data, the focus will be on the BoJ’s monetary policy statement overnight between Tuesday and Wednesday. The data calendar is light in Europe and China, with Europe’s flash PMI releases on Thursday the only report of note. Possible headline risk remains high in Russia and Ukraine. The Russian Ruble is still near all-time lows vs. the U.S. dollar.
Finally, the retail sector is the main sector to watch in earnings this week. Home Depot and Target are the headliners:
Monday, November 17th
- TSN earnings before the open
- URBN earnings after the close
- A earnings after the close
- KEYS earnings after the close
Tuesday, November 18th
- HD earnings before the open
- DKS earnings before the open
- MDT earnings before the open
- TJX earnings before the open
- PETM earnings after the close
Wednesday, November 19th
- TGT earnings before the open
- SPLS earnings before the open
- LOW earnings before the open
- SJM earnings before the open
- CRM earnings after the close
- GMCR earnings after the close
- LTD earnings after the close
Thursday, November 20th
- DLTR earnings before the open
- BBY earnings before the open
- GME earnings after the close
- ADSK earnings after the close
- ROST earnings after the close
- GPS earnings after the close
- SPLK earnings after the close
- ZOES earnings after the close
Friday, November 21st
- ANN earnings before the open
- FL earnings before the open