-G20 Summit will dominate the week
The new week in the U.S. started slowly after a long Thanksgiving holiday.
The agenda will get busier starting Tuesday with the speeches of three regional Federal Reserve officials.
The highlight of the week will be the G20 Summit that starts Friday in Buenos Aires, Argentina. The two-day meeting that will bring the leaders of the world's top economies together is meant to focus on technological change, infrastructure development
The markets are expected to focus on the meeting between U.S. President Donald Trump and Chinese President Xi Jinping.
Other prominent agenda items are as follows:
Tuesday, Nov. 27
- The Conference Board's Consumer Confidence Index
- Speeches by Atlanta Fed President Raphael Bostic, Kansas City President Esther George and Chicago Fed President Charles Evans
Wednesday, Nov. 28
- The second estimate for third-quarter GDP
- A release on the International Trade in Goods
- New home sales
- Energy Information Administration (EIA) Petroleum Status Report
- Federal Reserve Chairman Jerome Powell’s speech
Thursday, Nov. 29
- Personal Income and Outlays
- Jobless Claims data
- Speeches by Cleveland Fed President Loretta Mester and Chicago Fed President Charles Evans
- The Federal Open Market Committee Minutes
Friday, Nov. 30
- New York Fed President John Williams’ speech
- Chicago Purchasing Managers' Index
- The opening of the G20 Summit in Buenos Aires