: . In fact, compared to the University of Michigan Consumer Sentiment, which shows more how the consumers see their personal finances, the . The consensus sees the index falling to 101 in November vs. 102.6 in . The Australian Monthly CPI Y/Y is expected to fall to 5.2% vs. 5.6% prior. The the cash rate by 25 bps at the last meeting following higher than expected data. A higher-than-expected release won’t be welcome news for the RBA. The RBNZ is widely expected to keep the OCR steady at 5.50% as . The economic data from New Zealand has been showing clear weakness with the PMIs in contraction and the rising steadily. The Eurozone CPI Y/Y is expected to tick lower to 2.8% vs. 2.9% , while the Core CPI Y/Y is seen at 3.9% vs. 4.2% prior. and this report is unlikely to trigger a rate hike even if it beats expectations. We will also see the Unemployment Rate, which in my opinion, is more important at the moment. The consensus sees the Unemployment Rate to remain unchanged at 6.5%. The US PCE Y/Y is expected to fall to 3.1% vs. 3.4% prior, while the M/M reading is seen at 0.1% vs. 0.4% prior. . The market is unlikely to react much to this report given that it already moved a lot on the more timely just two weeks prior. In fact, in my opinion, the US Jobless Claims released at the same time will be more important. The US Jobless Claims beat expectations across the board with Continuing Claims falling for the first time in two months. . This week the consensus sees Initial Claims at 218K vs. 209K prior and Continuing Claims at 1855K vs. 1840K prior. The Canadian Unemployment Rate is expected to tick higher once again to 5.8% vs. 5.7% with 14K jobs added vs. 17.5K prior. and the BoC’s Governor Macklem reaffirmed the central bank “wait and see” approach. The US ISM Manufacturing PMI is expected to tick higher to 47.6 vs. 46.7 . If the index prints below 50, it would be the 13 consecutive month that the US Manufacturing sector remained in contraction. The released last Friday missed estimates falling back in contraction. The most important takeaway from the report though was this line: