Durable Goods Orders 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, Durable Goods Orders, monthly measurement of new manufacturers’ purchase orders; rise is predicted from -3.7% on February up to 3.0%. And on the Core Durable Goods Orders, (without transportation items) similar rise is expected from -3.0% up to 1.6%.
Later in the US, Crude Oil Inventories, the number of crude oil barrels held in inventory on the past week, rise is forecasted from -1.2M up to 2.8M
In Europe, M3 Money Supply, monthly report to value the local currency in banks’ deposited and circulation in due to remain2.5% similar to the February.
More in Europe, German Prelim Consumer Price Index (CPI0, value the consumers’ goods and services price change over the last month, due to reduce from 0.7% down to 0.3% now.
Finally in Europe, Private Loans, is about to rise up by 0.2% to 1.3% on this month.
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 over the last quarter; rise is predicted from -15.2B up to -8.5B.
More in Great Britain, Final Gross Domestic Product (GDP), the value of all economy production of goods and services on the last quarter, no change is expected and -0.2% is about to remain.
Finally in Great Britain, Revised Business Investment, is about to rise by 0.2% up to -5.4% from the last quarter.
Read more about the Pound in the GBP/USD forecast.
In Australia, RBA Financial Stability Review, valuation in the monetary system and possible risks to economic stability and can provide insight on the forthcoming monetary policy.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Retail Sales, consumer spending’ main measure to value the sales at the retail level, is due to drop down by 0.5% to 1.4% this month.
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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