Unemployment Claims in the US and Asset Purchase Facility in the UK are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, important weekly indicator to value individuals that filed for the first time for unemployment insurance, reduce down to 378K is calculated from 393K on the last time.
In Canada, Building Permits, calculate the new building permits that were issued on the past month, rise up to 21.3% is likely now from -13.2% on November.
Later in Canada, Ivey Purchasing Managers’ Index (PMI), Monthly Survey to rate the business conditions such as employment, new orders, supplier deliveries and inventories; rise of 0.5 points is likely this time up to 58.8 points.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, European Central Bank (ECB) Press Conference ECB primary method that is uses to communicate with investors about monetary policy. While on the Minimum Bid Rate no change is forecasted and 0.75% is predicted like on the last month.
Finally in Europe, German Factory Orders, value all the manufacturers’ new purchase orders 0.9% is due from -3.3% on the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Monetary Policy Committee (MPC) Rate Statement, primary tools to communicate with investors on financial policy. Official Bank Rate with no change 0.50% similar to November.
Later in Great Britain, Asset Purchase Facility, the total value of money that the Bank of England (BOE) will create and use in the open market, 375B is due with no change from November.
Later on in Great Britain, Halifax House Price Index (HPI), shows the price change homes that are financed by Halifax Bank of Scotland (HBOS), rise up to 0.2% is expected from -0.7% on the last report.
Finally in Great Britain, Trade Balance, shows the difference between imported and exported goods, -8.7B is likely now from -8.4B on November.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Consumer Price Index (CPI), measures the consumers’ price change price of goods and services, reduce of 0.1% is due now.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Employment Change, measures the number of employed people on the previous month, 0.2K is likely now from 10.7K on November.
Later in Australia, Unemployment Rate, that measures by Percentage the total monthly seeking employment work force, due to rise by 0.1% up to 5.5% now.
For more on the Aussie, read the AUD/USD forecast.
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