Bank Holiday

The new week begins with a bank holiday in the US in observance of Columbus Day. However, having the bullion bank desks closed last evening did not prevent a plunge in PM prices at the Globex open...a plunge from which CDS has yet to recover.

So where's the green weekly candle that we discussed in Friday's podcast? Well, there's still A LOT of week left to come. Below is the scheduled news but we should also be expecting that Israeli retaliation soon and, by the end of the week, we may see some increased scuttlebutt on that BRICS summit in Russia that is scheduled for next week...

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Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts
11/19 12:25 ET Goon Ghoulsbee
11/20 11:00 ET Goon Cook
11/20 12:15 ET Goon Bowman
11/21 8:30 ET Jobless Claims
11/21 8:30 ET Philly Fed
11/21 10:00 ET Home Sales
11/21 10:00 ET LEIII
11/22 9:45 ET S&P flash PMIs
11/22 10:00 ET UMich final

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