Home Forex Daily Outlook December 14 2011
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Forex Daily Outlook December 14 2011

Claimant Count Change in the UK is the main event today.   Here is an outlook on the market-movers awaiting us

In the US, Import Prices, value the prices for imported goods and services, affects the businesses and consumers inflation, about to rise up from -0.6% on November to 1.0% now.

More in the US, Crude Oil Inventories, impacts the price of fuel and measures the barrels inventory over the past week, due to reduces by 3.5M down to -2.2M.

In Canada, Leading Index, composite index built on 10 financial indicators, due to rise by 0.1% from November up to 0.3%.

More in Canada, Manufacturing Sales, the change manufacturer’s sales on the last month,   due to drop down by 2.6% this time.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, Industrial Production, value the output change of manufacturer’s production, is forecasted to rise up from -1.9% to 0.1%.

For more on the Euro, read the  Euro to dollar forecast.                                                                              

In Great Britain, Claimant Count Change, measures the number of people that are appealing unemployment

More in Great Britain, Average Earnings Index to value the businesses’ and government labor prices, decrees is expected by 0.3% down 2.0% from the last month.

Read more about the Pound in the  GBP/USD forecast.

In Switzerland, Producer Price Index (PPI); consumer inflation indicator to value the manufacturer’s price change of raw materials & goods, about to remain -0.2% similar to the previous report.

More in Switzerland, ZEW Economic Expectations, Monthly Survey to rate the financial outlook for the last 6-months, due to remain -64.3 points with no change from the last report.

 

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, Ric Battellino, Reserve Bank of Australia (RBA) Deputy Governor, is expected to deliver a speech in Sydney.

For more on the Aussie, read the  AUD/USD forecast.

In Japan, Tankan Manufacturing Index, manufacturer’s Quarterly Survey to rate the general business conditions, about to drop down from 2 points to -2 points this time. While in the Tankan Non-Manufacturing Index no change is expected and 1 point is predicted.

Read more about the yen in the USD/JPY forecast.

That’s it for today.

Happy forex trading!

Anat Dror

Anat Dror

Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer