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3 Numbers: US consumer confidence on track to weaken

From tradingfloor.com

Germany’s economy is in focus today with the monthly update of Ifo business survey data for October. Later, two US numbers will be widely read as the market looks for more insight on the macro trend ahead of next month’s presidential election. First up is the August profile of housing prices via the S&P Case-Shiller Index, followed by the October update of the Conference Board’s Consumer Price Index. Germany: Ifo Business Climate Index (0800 GMT): Growth in Europe’s main economy picked up in October, according to the flash data for the Germany PMI Composite Output Index. “The German economy has entered the fast lane ... (full story)

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