House price and retail sales figures will be in focus this side of the Atlantic next week, while unemployment and non-farm payroll data will dominate in the US.
Monday brings Nationwide’s house price report, before Lloyd’s Halifax offers up its insight on the market on Friday.
Property firm Zoopla most recently reported an increase in prices through October, alongside a surge in activity thanks to falling interest and solid wage growth.
According to Trading Economics, consensus is for Nationwide to lay out a 2.4% increase for November.
Retail figures are due on Tuesday, alongside a string of PMI data from S&P for both the UK and US over the week, before all-important job market numbers across the pond on Friday.
Having added just 12,000 jobs in October, expectations are for non-farm payrolls to show a 183,000 uptick in roles across the US economy through November.
Unemployment is anticipated to have remained flat at 4.1% in the meantime.
October’s non-farm figures had been impacted by hurricanes and strikes by Boeing workers, leaving attention on any revision for the month, AJ Bell analysts noted.
“Downward changes to preliminary estimates tend to portend of a slowdown or recession, and upward changes of ongoing strong economic growth,” AJ Bell said, with the figures set to provide clarity on the Federal Reserve’s December interest rate decision.