Sections
| Title | Starting Page | Number of Pages |
|---|
| The Week Ahead | 1 | 1 |
| The Long View | 1 | 1 |
| Ratings Round-Up by Njundu Sanneh | 1 | 1 |
| Good Show in Europe, Not in the US. | 1 | 1 |
| Market Data | 1 | 1 |
| Moody s Capital Markets Research recent publications | 1 | 1 |
| Weekly Market Outlook Contributors: | 1 | 1 |
| Credit Markets Review and Outlook | 2 | 3 |
| Older workforce may keep 10-year Treasury yield under 3% to 5% range | 2 | 1 |
| Equity rally helps to drive benchmark yields sharply higher | 3 | 2 |
| Topic of the Week By Ben Garber, Economist, Moody s Capital Markets Research, Inc. | 5 | 3 |
| Italian risk measures shift higher | 5 | 1 |
| The economic upside is limited | 6 | 1 |
| Radical change still awaits the banking sector | 7 | 1 |
| The Week Ahead US, Europe, Asia-Pacific | 8 | 11 |
| THE US | 8 | 1 |
| Friday, November 11 | 8 | 1 |
| University of Michigan Consumer Sentiment November Preliminary | 8 | 1 |
| Time: 10:00 am | 8 | 1 |
| Forecast: 88.0 | 8 | 1 |
| Sentiment in the Michigan survey in November is projected to be little changed from October s year-to-date low. This preliminary reading on consumer attitudes may be revised higher at the end of November as the election fades from view. Such an outc... | 8 | 1 |
| Tuesday, November 15 | 8 | 1 |
| Import Price Index October | 8 | 1 |
| Time: 8:30 am | 8 | 1 |
| Forecast: 0.3% | 8 | 1 |
| Import prices are projected to rise for the second straight month in October, bringing the index nearly even with the year-ago level. Yet in September the Import Index still trailed 2012 s cycle high by 16%, as long-term commodity cost pressures have... | 8 | 1 |
| Retail Sales October | 8 | 1 |
| Time: 8:30 am | 8 | 1 |
| Forecast: 0.6% overall, 0.5% ex auto | 8 | 1 |
| Retail sales in October look to equal September s hearty 0.6% monthly gain. Sales are supported by wage gains, with the 2.8% yearly change in average hourly earnings in October representing the fastest pace in seven years. Yet that rate of wage grow... | 8 | 1 |
| Business Inventories September | 8 | 1 |
| Time: 10:00 am | 8 | 1 |
| Forecast: 0.2% | 8 | 1 |
| Business inventories are forecast to grow steadily in September, as the economic drag from the reduced pace of stockpiling appears to have ended. Inventories were initially estimated to have added 0.6% to real GDP growth last quarter after subtractin... | 8 | 1 |
| Wednesday, November 16 | 8 | 1 |
| Producer Price Index October | 8 | 1 |
| Time: 8:30 am | 8 | 1 |
| Forecast: 0.3% overall, 0.2% core | 8 | 1 |
| Some uplift in fuel costs are expected to lead a sturdy gain in the October Producer Price Index. Past deflationary trends in commodity costs are fading out as the PPI rose 0.7% yearly to September after annual declines were recorded in most of the p... | 9 | 1 |
| Industrial Production &Capacity Utilization October | 9 | 1 |
| Time: 9:15 am | 9 | 1 |
| Forecast: 0.2% industrial production, 75.5% capacity utilization | 9 | 1 |
| Industrial production can creep higher in October amid limited signs of rising industrial sector demand. The ISM Manufacturing Index reading on new orders has held in positive territory for two straight months, yet it shows only modest growth with th... | 9 | 1 |
| NAHB Housing Market Index November | 9 | 1 |
| Time: 10:00 am | 9 | 1 |
| Forecast: 63 | 9 | 1 |
| Builder confidence can hold firm in November as tight inventories are lifting demand for new homes. The NAHB reading on projected sales rose to the yearlong high of 72 in October, giving construction firms reason to scale up their operations. With t... | 9 | 1 |
| Thursday, November 17 | 9 | 1 |
| Housing Starts &Building Permits October | 9 | 1 |
| Time: 8:30 am | 9 | 1 |
| Forecast: 1.16 million starts, 1.19 million permits | 9 | 1 |
| Housing starts are expected to leap higher in October after September s disappointing 18-month low. Building permits hint of a turnaround in construction activity after rising 13% annualized in the third quarter. Though multi-family building is cont... | 9 | 1 |
| Consumer Price Index October | 9 | 1 |
| Time: 8:30 am | 9 | 1 |
| Forecast: 0.4% overall, 0.2% core | 9 | 1 |
| Higher gasoline costs may lead the Consumer Price Index in October to equal the largest monthly increase of the past three years. The extended period of minimal prices gains might be over after the CPI failed to grow faster than 1.5% annually in near... | 9 | 1 |
| Friday, November 18 | 9 | 1 |
| Leading Economic Indicators October | 9 | 1 |
| Time: 10:00 am | 9 | 1 |
| Forecast: 0.1% | 9 | 1 |
| Encouraging labor market trends can push the Leading Economic Indicators Index higher for the second consecutive month in October. Sustained gains in the labor market participation rate among prime-age workers this year is a great sign that improved ... | 9 | 1 |
| EUROPE | 10 | 1 |
| Friday, November 11 | 10 | 1 |
| Germany: Consumer Price Index (October; 7:10 a.m. GMT) | 10 | 1 |
| Monday, November 14 | 11 | 1 |
| Euro Zone: Industrial Production (September; 10:00 a.m. GMT) | 11 | 1 |
| Tuesday, November 15 | 11 | 1 |
| Germany: Preliminary GDP (Q3, 7:10 a.m. GMT) | 11 | 1 |
| Italy: Preliminary GDP (Q3, 9:00 a.m. GMT) | 11 | 1 |
| U.K.: Consumer Price Index (October; 9:30 a.m. GMT) | 11 | 1 |
| Euro Zone: External Trade (September; 10:00 a.m. GMT) | 12 | 1 |
| Wednesday, November 16 | 12 | 1 |
| U.K.: Employment Situation (September; 9:30 a.m. GMT) | 12 | 1 |
| Thursday, November 17 | 12 | 1 |
| France: Employment Situation (Q3; 8:00 a.m. GMT) | 12 | 1 |
| U.K.: Retail Sales (October; 9:30 a.m. GMT) | 12 | 1 |
| Euro Zone: Consumer Price Index (October; 10:00 a.m. GMT) | 13 | 1 |
| Friday, November 18 | 13 | 1 |
| Russia: Unemployment (October; 2:00 p.m. GMT) | 13 | 1 |
| Asia-Pacific | 13 | 1 |
| Thursday, November 10 | 13 | 1 |
| New Zealand Monetary Policy November | 13 | 1 |
| Japan Machinery Orders September | 14 | 1 |
| Australia Housing Finance September | 14 | 1 |
| China Monetary Aggregates October | 14 | 1 |
| Philippines Industrial Production September | 14 | 1 |
| Friday, November 11 | 14 | 1 |
| Malaysia GDP 2016Q3 | 14 | 1 |
| Malaysia Industrial Production September | 14 | 1 |
| Japan Industry Activity Indexes September | 15 | 1 |
| Hong Kong GDP 2016Q3 | 15 | 1 |
| India Consumer Price Index October | 15 | 1 |
| India Industrial Production September | 15 | 1 |
| South Korea Monetary Policy November | 15 | 1 |
| Saturday, November 12 | 15 | 1 |
| China Fixed Asset Investment October | 15 | 1 |
| China Industrial Production October | 16 | 1 |
| China Retail Sales October | 16 | 1 |
| Monday, November 14 | 16 | 1 |
| Japan GDP 2016Q3 | 16 | 1 |
| China Fixed-Asset Investment October | 16 | 1 |
| China Industrial Production October | 16 | 1 |
| China Retail Sales October | 16 | 1 |
| India Wholesale Price Index October | 16 | 1 |
| Tuesday, November 15 | 17 | 1 |
| China Foreign Direct Investment October | 17 | 1 |
| India Foreign Trade October | 17 | 1 |
| New Zealand Retail Trade 2016Q3 | 17 | 1 |
| Indonesia Foreign Trade October | 17 | 1 |
| Wednesday, November 16 | 17 | 1 |
| Thursday, November 17 | 17 | 1 |
| Australia Employment Situation October | 17 | 1 |
| Singapore Foreign Trade October | 17 | 1 |
| Philippines GDP 2016Q3 | 18 | 1 |
| Friday, November 18 | 18 | 1 |
| The Long View | 19 | 4 |
| Credit spreads | 19 | 1 |
| The recent high-yield bond spread of 508 bp is somewhat less than what is predicted by the spread s macroeconomic drivers and the high-yield EDF metric, but it is wider than what might be inferred from a now below-trend VIX index. The implications for... | 19 | 1 |
| Defaults | 19 | 1 |
| US CORPORATE BOND ISSUANCE | 19 | 1 |
| Through the first 45 weeks of 2016, US$-denominated corporate bond issuance showed year-over-year percent changes of a 6.3% increase for investment-grade and a -7.9% drop for high-yield. US economic outlook | 20 | 1 |
| EUROPE | 20 | 1 |
| U.K. | 21 | 1 |
| Asia Pacific | 21 | 2 |
| Ratings Round-Up | 23 | 1 |
| Ratings Round-Up | 23 | 1 |
| Ratings Round-Up | 24 | 1 |
| Market Data | 25 | 4 |
| Moody s Capital Markets Research recent publications | 29 | 3 |
