The Business News Week Ahead

It will be a light holiday week for global economic data, headlined on Monday by US new home sales, where no cooling is the expectation, and also US durable goods orders which have been moved forward from an originally scheduled Tuesday release. Japanese news will be out in force beginning on Tuesday with Bank of Japan minutes and capped off on Friday with industrial production and retail sales results. Also of note will be monthly GDP out of Canada, which apparently had a bumpy October.