Building Consents in the US and Nationwide HPI in the UK are the main events lined up. Let’s see what awaits us today.
In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the present and upcoming financial conditions with labor availability etc., rise is expected from 39.8 on October up to 43.8 this time.
More in the Janet Yellen, US, Federal Reserve Governor, is about to speak in n San Francisco.
Moreover in the US, Sarah Bloom Raskin, US, Federal Reserve Governor, is due to lecture in in San Francisco.
Later in the US, Standard & Poor’s (S&P) \ Case-Shiller (CS) Composite-20 House Price Index (HPI), housing industry’s indicator to value the homes selling price in 20 cosmopolitan areas; about to rise from -3.8% on October to -3.0%.
Later on in the US, Treasury Currency Report offers a review on global rate policies, financial conditions, and world wailed government & central bank actions.
Finally in the US, Office of Federal Housing Enterprise Oversight (OFHEO) House Price Index (HPI), is about to rise up to 0.1% from the last month.
In Canada, Current Account, value quarterly the difference between imported and exported goods, services etc., about to rise from -15.3B on August to -11.3B this time.
For more on USD/CAD, read the Canadian dollar forecast.
In Great Britain, Nationwide House Price Index (HPI), housing industry indicator to measure the change in households selling price over the last month, reduce is expected from on October down to -0.1% this time.
More in Great Britain, Net Lending to Individuals, monthly measurement to value the new consumer’s credit issued, and no change is forecasted and about to remain 1.0B.
Later in Great Britain, Autumn Forecast Statement, annual report to value the government spending and the impact on the economy.
Later on in Great Britain, M4 Money Supply, due to rise up to -0.2% from the last month report.
Finally in Great Britain, Mortgage Approvals, is about to go up by 1K from the last report to 52K now.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, UBS Consumption Indicator, compound consumer’s index based on 5 – indicators, is about to remain 0.84 points similar to October report.
Read more about the Swiss franc in the USD/CHF forecast.
In New Zealand, Building Consents, monthly indicator to value the new building agreements issued, -17.1 is likely this time with no change from October.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Prelim Industrial Production, value of inflation output of manufacturer’s products and utilities, is about to rise up from -3.3% in October up to 1.1% this month.
More in Japan, Manufacturing Purchasing Managers’ Index (PMI), monthly survey regarding commercial conditions including engagement, construction etc., is about to 50.6 points like on the last survey.
Read more about the yen in the USD/JPY forecast.
That’s it for today.
Happy forex trading!
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