We start the week with some interesting events like Flash Services PMI in Europe as the main highlight on today’s outlook. Let’s see what awaits us today.
International Monetary Fund (IMF) is entering Day 3.
In Canada, Wholesale Sales, consumer spending important indicator to value the total change of sales, rise of 0.1% is predicted from the last month.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Flash Manufacturing Purchasing Managers’ Index (PMI), Monthly Survey to value the business conditions on the past month, due to rise from 47.7 points on March up to 48.2 points now, similar rise is predicted in Germany from 48.4 points up to 49.1 points and in France from 46.7 points on March up to 47.3 points this time.
More in Europe, Flash Services Purchasing Managers’ Index (PMI), Survey to rate the level of business on the previous month, rise from 49.2 points on March up to 49.4 points now is predicted, industry expansion is likely in Germany up to 52.4 points from 52.1 on the previous month, and similar in France a rise of 0.2 points is forecasted up to 50.3 points.
For more on the Euro, read the Euro to dollar forecast.
In Australia, Producer Price Index (PPI), consumer inflation indicator to measure the producer’s price change for finished goods and services, is about to rise by 0.3% up to 0.6% this time.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Visitor Arrivals no change is predicted from March and -4.9% is likely to remain similar to the last month.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Corporate Services Price Index (CSPI); is due to stay -0.6% like on March.
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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