Morning Coffee: Economic & Earnings Calendar for November 28, 2011

Posted on November 28, 2011

The week begin with Bloomberg reporting that as of early Monday the IMF was preparing a €600 billion ($799 billion) loan package if Italy’s debt burden worsens. Asian markets were up by more than 1.5% early on the news. However, the question no one has asked yet is, “Where will the IMF get €600 billion euro from?” Eventually someone has to either pay this debt or take a haircut on it. Which outcome will it be?

All times US Eastern Standard Time.

Today’s Global Economic Calendar
  German Flag Germany: Consumer Price Index
04:00 AM Italian Flag Italy: ISAE Manufacturing & Mining Survey
04:00 AM European Union EMU: M3 Money Supply
06:00 AM British Flag Great Britain: CBI Distributive Trades
10:00 AM US Flag US: New Home Sales
06:30 PM Japan Flag Japan: Household Spending
06:30 PM Japan Flag Japan: Unemployment Rate
06:50 PM Japan Flag Japan: Retail Sales


Posted in: Morning Coffee