US New home sales will be released at 10 AM ET ...Middle East

The US new-home sales for the month of October will be released at 10 AM ET with expectations of an annualized rate of 0.723M vs 0.759M last month.  Recall that existing home sales last week came in at 3.79M which was well below the 3.90M pace expected and 3.95M in September. The sales pace was the lowest level in 13 years (since 2010).Other major economic releases and events this week include:TuesdayUS conference Board consumer confidence (10 AM ET). Estimate 101.0 versus 102.6 last monthWednesdayAustralia's CPI YoY expected 5.2% versus 5.6% last month (7:30 PM ET)Reserve Bank of New Zealand interest rate decision. No change expected. (8 PM ET)Preliminary Germany CPI (all day)Preliminary GD

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