The Week Ahead: November 9th, 2015

November 9th, 2015 by

Here are some of the stories to keep an eye on this week:

  • Fox Business Network will host the next GOP debate on Tuesday, held in Milwaukee, Wisconsin. The Fox moderators (Neil Cavuto, Maria Bartiromo) will be joined by Wall Street Journal Editor-in-Chief Gerard Baker. RNC Chair Reince Priebus called the last debate on CNBC a “crap sandwich.”

Veterans-Day

  • Show your love for America and salute those who serve our country on Veteran’s Day this Wednesday, November 11th. The chosen date commemorates the armistice that brought an end to WWI.
  • In addition, Wednesday is Singles’ Day in China, a kind of spin on Valentine’s Day that began in the 1990s. The holiday has grown into a massive retail sales and consumer spending event (just like Valentine’s). The chosen date (11/11) is said to look like two bare branches, a Chinese idiom for bachelors.
  • Official investigations into the supposed “Nazi gold train” that may lay hidden beneath a castle in Poland has been given the go ahead by Polish authorities. The trains are believed to hold all kinds of treasure, from gold to weapons to rare artwork and valuable documents.
  • Federal Reserve Chair Janet Yellen will be giving the opening remarks at a meeting on post-crisis monetary policy in Washington D.C. on Thursday morning at 9:30 am ET. Another 5 Fed governors will also be speaking throughout the day.
  • Thursday and Friday are key days for U.S. economic data releases. News on Thursday includes first-time jobless claims and the Job Offerings and Labor Turnover Survey (JOLTS) report, while Friday sees retail sales, PPI for final demand, and consumer sentiment numbers, as well as the EIA’s natural gas report and the Baker-Hughes oil rig count.