Pending Home Sales in the US and Current Account in the UK are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Pending Home Sales, homes under contract and to be sold, before the closing transaction (not including new building), -0.4% is due now from 4.5% on the last time.
Later in the US, Crude Oil Inventories, weekly indicator to value the commercial crude oil barrels that are held in inventory, -1.3M is likely now similar to the past week.
Later on in the US, Charles Evans, Federal Reserve Bank of Chicago President is due to speak in Chicago.
Finally in the US, Eric Rosengren, Federal Reserve Bank of Boston President, is expected to speak in Goffstown.
In Canada, Consumer Price Index (CPI); value the consumer’s price change of goods and services, rise from 0.1% on the previous time up to 0.6% now is likely. And on the Core CPI (not including 8 volatile items); 0.3% is expected now from 0.1% on the last time.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, consumers’ survey to rate the previous and upcoming monetary conditions, like personal financial situation and overall economic situation, 5.9 points are due similar to the last time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Current Account, value the difference between imported and exported goods, services and so on, -12.4B is likely now from -12.8B on the previous quarter.
Later in Great Britain, Final Gross Domestic Product (GDP), value all goods and services produced by the economy, -0.3% is due now with no change from the last time.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, KOF Economic Barometer, Level of a composite index that is based on 12 financial indicators, rise up to 1.07 points is likely now from 1.03 points on February.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, RBA Financial Stability Review, scheduled twice per year to assessment the financial system and potential risks to financial stability.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, ANZ Business Confidence, Survey to rate the economic outlook over the past 12 month, 39.4 points are due now with no change from the last month.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Retail Sales, consumer spending primary gauge, to value the total sales at the retail level, rise from -1.1%on the last time up to 0.9% now is forecasted.
Read more about the yen in the USD/JPY forecast.
Trade well