Global events Key Will Monitored Traders this week - TDS

"Data of China (11 November): This Chinese data monthly, with retail sales, industrial production and inflation will all be released. The service sector and consumers are very neglected in China, especially when related to forecasts GDP. Although no major indicators are unreliable for this sector, retail sales would offer a good signal, and we lean towards a slight increase for the market has not changed + 10.9% / year and at 11% / year. On the production side, we see an increase to the market forecast of 5.8% , even if our estimate of 6.5% proved to be a little ambitious. And for the CPI, food prices were in October, we expect a lower decline in the overall CPI.
US retail sales in October (13 November): Momentum spending will remain on the weak side in October, and our expectations for retail sales to record the activities of a very slight increase of 0.2% on a monthly basis, marking a modest acceleration in spending momentum after stopping for two previous month. Stronger car sales and a rebound in gasoline sales will increase spending hikes. However, excluding cars and gas, sales will rise 0.1% below the standard monthly basis. Core shopping activities will also be quite weak, rising at 0.1% on a monthly basis under the standard rate, reflecting weaker household spending activity of the underlying. The overall tone of this report will be weak, underlining the significant decrease in consumer spending as global headwinds to filter the entire growth of the economy.
Fed speakers (All week): Calendar Fed will be quite busy this week, with a speech from Fed President William District, Bullard, Evens, Dudley and Vice Chair of Fischer might provide some much-needed direction in the near term outlook for monetary policy. Fed Chairman Yellen will also make public appearances, gave the opening speech at the Conference on Fed policy. "