In the US, National Association of Home Builders (NAHB) Housing Market Index is expected to rise by 1 point up to 21 points on this monthly survey.

Last week figures revealed that New Zealand’s manufacturing sector contracted further in October, reaching 45.7 from 46.6 in the previous month. The drop occurred despite the approaching holiday season when production usually increases. Will the manufacturing sector improve this month?

In the US, New Home Sales, monthly indicator to value the number sold households, 313K is likely with no change from the previous month.

In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to 302K now.

Last week the number of visitors entered NZ in August edged up by 18.1% much higher than the 4.2% rise in the previous month and Credit card spending also increased by 5.2% from4.7% in the preceding month indicating positive trend for the NZ economy. ill things continue to improve?

 In the US, Revised University of Michigan (UoM) Consumer Sentiment, monthly survey about to rise from 57.8 points to 57.9 points. Meanwhile the Revised UoM Inflation Expectations is expected 3.7% with no change from the previous time.

The biggest blow came from Operation Twist launched by Bernanke and the lack of QE3 in the US. Last week Current Account indicated growth in imports reaching a deficit of 0.92B and GDP growth narrowed to 0.1% following 0.9% increase in the previous month. Is the global economic situation drag down NZ economy?

In the US, Automatic Data Processing, Inc. (ADP Non-Farm Employment Change, vale the employed people without government & farming business on the passing month, reduce of 7K is predicted to 103K.

Last week was quite good for NZ economy with trade balance remaining on surplus reaching129 million while a deficit of 124 million was predicted, Retail sales increased by 0.9% again above expectations of 0.6% rise and Core retail sales increasing by 1.0% while 0.7% gain was predicted. Will this positive trend continue?

In the US, Durable Goods Orders, leading measurement to value the difference in new purchase orders that were made by builders, a reduce from 2.1% on June to 0.4% this time is expected and on the Core Durable Goods Orders (excluding transportation items) is due to reduce by 0.2% from 0.5% last month to 0.7%.