US: Economic releases in the limelight today - BBH

Analysts at BBH suggest that the US has several reports today and after weekly initial jobless claims fell to a new cyclical low last week, this week’s report could see a small bounce back. 

Key Quotes

“New homes sales likely paid back for the large 17.5% increase in November.  Leading economic indicators are expected to have risen by 0.5% after 0.4% in November, and suggests the momentum from Q4 will carry into Q1 18.  Note that Q4 GDP will be reported tomorrow.  Kansas City Fed manufacturing survey draws little attention.  Canada reports November retail sales (0.8% m/m expected).”