Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly indicator to value the unemployment insurance for the first time, 330K is due from 336K on the last time.
Later in the US, Prelim Gross Domestic Product (GDP), primary gauge of the economy’s health to calculate all goods and services produced by the economy, 2.2% is likely now from 1.7% on the last month.
More in the US, James Bullard, Federal Reserve Bank of St. Louis President is due to deliver welcoming remarks in Memphis and speak in in Tupelo.
In Canada, Current Account, quarterly indicator to value the difference between imported and exported goods, services, and current transfers; -14.9B is predicted now from -14.1B on the last report.
Later in Canada, Raw Materials Price Index (RMPI), manufacturers price change of raw materials, rise up to 1.2% is calculated from 0.3% on July.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Retail Sales, the total value of sales at the retail level (not including autos and gas stations), 0.5% from -1.5% on July.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Nationwide House Price Index (HPI); the price change of homes with mortgages backed by Nationwide, is likely to reduce by 0.2% down to 0.6% now.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, KOF Economic Barometer, a composite index based on 12 financial indicators, rise up to 1.34 points is due this time from 1.23 on July.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Private Sector Credit, all new credit issued to consumers and businesses, 0.4% is due to remain with no change from the last time.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Building Consents, the number of new building approvals that were issued on the past month, -1% is forecasted now.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Household Spending, the consumer’s value of all expenditures, rise from -4.0% up to 4% is due now.
Later in Japan, Tokyo Core Consumer Price Index (CPI), the consumers price change (without fresh food) 0.4% is likely now from 0.3% on July.
Finally in Japan, Prelim Industrial Production, value of the output produced by manufacturers, mines, and utilities, rise up to 3.9% now is due from -3.1% on the previous report.
Read more about the yen in the USD/JPY forecast.
Trade well
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