We start the week with some interesting events like Existing Home Sales in the US and Wholesale Sales in Canada as the main highlight on today’s outlook. Let’s see what awaits us today.
In the US, Existing Home Sales, monthly indicator to value the sold uptown houses over the last month (without new building), reduced is forecasted from 4.91M on October down to 4.82M now.
In Canada, Wholesale Sales, consumer spending important gauge, rise is expected from 0.2% on October up to 0.6% this month.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Current Account, the value difference of imported and exported goods, decrease is forecasted from -5.0B down to -3.2B this time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Rightmove House Price Index (HPI), value of the homes for sale asking prices, due to remain 2.8% this month as well.
Read more about the Pound in the GBP/USD forecast.
In Australia, Dr. Guy Debelle, Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), is due to speak in Sydney.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Credit Card Spending is about to remain 5.2% similar to the previous report.
More in New Zealand, Visitor Arrivals, is about to remain 18.1% like on the last month.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Monetary Policy Meeting Minutes, latest BOJ Policy Board’s meeting records to show the interest rates decisions.
More in Japan, Trade Balance, value Difference in of imported and exported goods on the last month is due to rise from -0.02T to -0.20T.
Finally in Japan, All Industries Activity is about to reduce from -0.5% down to -0.9% this time.
Read more about the yen in the USD/JPY forecast.
That’s it for today.
For more events later in the week, check out the Live Forex Calendar
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