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 signal of overall financial health that measures the persons that filed for unemployment insurance for the first time, 361K is likely now from 372K on the past week.
Later in the US, Esther George, Federal Reserve Bank of Kansas City President is about to speak in Kansas City
Later on in the US, James Bullard, Federal Reserve Bank of St. Louis President is due to speak in Madison.
In Canada, Building Permits, shows all the new building permits issued on the past month, drop to 2.4% is likely from 15.0% on December.
Later in Canada, New Housing Price Index (NHPI); value the selling price change of new homes, is about to remain 0.2% like on the last time.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, European Central Bank (ECB) Press Conference is due and the Minimum Bid Rate about to remain 0.75% with no change from the last months.
Later in Europe, French Industrial Production value the manufacturers, mines, and utilities output producing, rise up is likely now to 0.2% from -0.7% on December
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Monetary Policy Committee (MPC) Rate Statement, the MPC primary tool to communicate with investors regarding monetary policy and discusses the financial outlook of future votes. Meanwhile no change is due on the Official Bank Rate 0.50% is due to remain.
Later in Great Britain, Asset Purchase Facility, value all the money that the Bank of England (BOE) expected to create and use to for purchasing open market assets, 375B is likely similar to the last month report.
Read more about the Pound in the GBP/USD forecast.
In Australia, Building Approvals, excellent gauge of future construction activity that value the new building approvals that were issued on the last month, rise up to 4.0% is likely now from -7.6% on the previous report.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Current Account directly linked to currency demand and value the difference between imported and exported goods, services, income flows etc., 0.31T is predicted now from 0.41T on December.
Read more about the yen in the USD/JPY forecast.
Trade well
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