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Bank Indonesia keeps key interest rate on hold at 3.75 pct

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

Germany's unemployment exceeds expectations in September

U.S. Consumer Confidence falls in September

U.S. vehicle sales fall again in November

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Canada's economy shows growth in July, but growth stalled in

Reserve Bank of India likely to stand pat in December

U.S. existing home sales decline in August

Australian economic growth recovers strongly in Q3 2020

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Swedish economic sentiment indicator rises in November

Swiss franc likely to gradually depreciate against euro in coming months

U.S. existing home sales rise above expectations in October

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

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Guide to today’s important data and events

Monday, May 16, 2016 2:20 AM UTC

Few economic dockets scheduled for today and all with low to high risks associated.

Upcoming –

Japan – Preliminary reading on Machine tools orders will be released at 6:00 GMT. Prior -21.2% y/y.

Germany – Bundesbank will release its monthly report.

Portugal – First quarter GDP will be released today. Prior 1.3% y/y.

United States - Empire state manufacturing index will be released at 12:30 GMT. Prior 9.56, expected 7. NAHB housing market index will be released at 14:00 GMT. Prior 58, expected 59. Treasury department will announce TIC flows at 20:00 GMT.

Auctions – US will auction 3 month and 6 month bills at 15:30 GMT.

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Guide to today’s important data and events

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