Dec. 16 - IFR says existing home sales out on Wednesday might show the recent recession was sharper than previously believed.
Here's your US week ahead the beleaguered housing market is just the spotlight with existing home sales out out Wednesday. At 10 AM today Ellison hit over five million in November according to a Reuters poll that's up nearly 3% from the previous month. I have cars says they're good. Could be dropped and though its traditions are also being released sales for the prior years can be lowered by up to 20%. There's more data on tap that could move markets on Tuesday we get the latest housing starts figures that's all of by the final third quarter -- -- GDP on Thursday Friday seized at least some personal income and durable goods. Especially retails that's dominate earnings on Tuesday expect results from the likes of ConAgra General Mills Nike and oracle. Wednesday it's the turn of KB home that they have the largest US home builders set to see your earnings of five cents a share. That would be a surprise to the upside of nearly 20% when compared to mean estimate. We could get more inside it's the Federal Reserve when Richmond fed president Jeffrey -- takes the podium on Monday and don't get this economic outlook at 1:15 PM in Charlotte, North Carolina. The inflation pockets recently argued against any more stimulus from the Central Bank to become a voting member next year. And there could be a shake up in the computer game industry with the release that he -- Star Wars the Old Republic. Game goes live on Tuesday and will compete with activation -- blockbuster. World of Warcraft. The stakes are incredibly high every day which is using its product to show. How it can generate steady revenue stream from subscriptions. I'm Rhonda -- this is Reuters Insider.