In the US Chairman Bernanke Speaks and BOE Credit Conditions Survey in the UK are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Durable Goods Orders, an important indicator to value the manufacturers’ durable goods orders on the passing month, significant reduce from 4.1% on August to -0.4% this time. And on the Core Durable Goods Orders (without transportation items) we see the same direction reduce from 0.8% to 0.2% this month.
Later in the US, Ben Bernanke, Federal Reserve Chairman will speak in Cleveland.
Finally in the US, Crude Oil Inventories, weekly measurement, -7.3M is expected with no change expected from the last time.
In Europe, German Prelim Consumer Price Index (CPI), about to reduce to -0.1%, as in the German Import Prices reduce is expected from 0.8% on August to -0.3%.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, BOE Credit Conditions Survey of bank and non-bank lenders to value the credit circumstances on the past and upcoming 3 months.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Thomas Jordan, Swiss National Bank (SNB) Governing Board Vice-Chairman is due to speak in Basel.
Read more about the Swiss franc in the USD/CHF forecast.
In Japan, Retail Sales, is an important monthly indicator that is about to reduce from 0.6% on August to -0.6% this time.
Read more about the yen in the USD/JPY forecast.
For more events later in the week, check out the Live Forex Calendar
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