The Weeh Ahead : President Obama and Congress strike a deal to extend the President Bush Tax cuts in an attempt to push up the recovery

Key data and events to watch in the week ahead
United States: Tuesday – Nov. Advance Retail Sales, Nov. Producer Price Index, Oct. Business Inventories, FOMC Rate Decision, Dec. 12 ABC Consumer Confidence Wednesday – Dec. 10 MBA Mortgage Applications, Nov. Consumer Price Index, Dec. Empire Manufacturing, Oct. Total Net TIC Flows, Nov. Industrial Production, Nov. Capacity Utilization, Dec. NAHB Housing Market Index, Fed’s Lockhart speaks on Atlanta regional economy Thursday – Nov. Housing Starts, Nov. Building Permits, 3Q Current Account Balance, Weekly Jobless Claims, Dec. Philadelphia Fed Business Outlook Survey, Geithner testifies at Congressional Oversight Panel Friday – Nov. Leading Indicators
Euro-zone: Monday – German Finance Minister Schaeuble speaks on Berlin Panel , EU Foreign Ministers Meeting Tuesday – EZ Oct. Industrial Production and Dec. ZEW Survey of Economic Sentiment, German Dec. ZEW Surveys of Economic Sentiment and Current Situation, Germany’s Ifo Economic Institute Publishes Economic Forecasts Wednesday – EZ 3Q Employment, European Commission Issues Quarterly Report on Euro Area Thursday – EZ Dec. PMI Composite, Manufacturing, and Services, EZ Nov. CPI, German Dec. A Manufacturing and PMI Services, EU Summit Friday – EZ Oct. Construction Output, EZ Oct. Trade Balance, German IFO-Business Climate, Current Assessment, and Expectations, EU Summit, ECB’s Weber speaks in Munich on Capital Markets Macroeconomic Perspectives
United Kingdom: Monday – Nov. PPI Input NSA, Nov. RICS House Price Balance Tuesday – Oct. DCLG UK House Prices, Nov. CPI, Nov. Retail Price Index Wednesday – Nov. Claimant Count Change, Nov. Jobless Claims Change, Oct. ILO Unemployment Rate Thursday – Nov. Retail Sales, Nov. Nationwide Consumer Confidence, BOE Releases Inflation Attitudes Survey
Japan: Monday – Oct. F Industrial Production, Oct. F Capacity Utilization, Nov. Tokyo Condominium Sales Tuesday – Oct. Tertiary Industry Index; 4Q Tankan Large Manufacturers, Non-Manufacturing, Large Manufacturing Outlook, Non-Manufacturing Outlook, Large All Industry Capex
Canada: Monday – 3Q Capacity Utilization Rate, BoC’s Carney gives speech on ‘Reflections on the Economic Outlook’ Tuesday – Nov. Leading Indicators, 3Q Labor Productivity Wednesday – Oct. Manufacturing Sales Thursday – Oct. International Securities Transactions
Australia & New Zealand: Sunday – NZ Nov. Food Prices Monday – Australia 3Q Dwelling Starts, Australia Nov. NAB Business Conditions & Confidence, NZ Oct. Retail Sales, NZ Nov. Non Resident Bond Holdings, NZ Nov. REINZ Housing Price Index Tuesday – Australia Dec. Westpac Consumer Confidence, Australia Dec. DEWR Skilled Vacancies, Australia Nov. New Motor Vehicle Sales Wednesday – Australia Dec. Consumer Inflation Expectation, Reserve Bank’s Bulletin – Dec. Quarter 2010, NZ Nov. Business PMI, NZ Dec. NBNZ Business Confidence & Activity Outlook Friday – RBA Nov. Foreign Exchange Transaction
China: Friday, Dec. 10 – Nov. Producer Price Index, Consumer Price Index, Retail Sales, Industrial Production, and Fixed Assets Investment Urban Cumulative Dec. 10-12 – China Central Economics Works Conference Dec. 11-15 – Nov. Actual FDI (YoY)