Building Permits in the US and BOE Inflation Letter in the UK are the main events lined up. Let’s see what awaits us today.
In the US, Building Permits, Annual measurement of new residential building permits that were issued over the last month, 0.94M is likely similar to the last time.
Later in the US, Consumer Price Index (CPI), value the consumers price change of goods and services, reduw of 0.7% from the last month is predicted, while on the Core CPI (not including food and energy), 0.2% is expected with no change from March.
Later on in the US, Housing Starts, new residential buildings that began construction, is due to rise up to 0.93M from 0.92M on March.
More in the US, Capacity Utilization Rate, calculate by percentage the available resources that were utilized by manufacturers, mines, and utilities, 78.4% is forecasted from 79.6%.
Moreover in the US, Industrial Production, value all the output that is produced by manufacturers, mines, and utilities, drop down to 0.3% is calculated now from 0.7% on March.
Also in the US, Jack Lew, US Treasury Secretary is due to testify in Washington DC.
Finally in the US, Janet Yellen, Federal Reserve Governor is about to participate in a panel in Washington DC.
In Canada, Manufacturing Sales, shows all the sales made by manufacturers, rise up to 0.6% is likely from -0.2% on the last month.
Later in Canada, Foreign Securities Purchases, value all the domestic stocks, bonds that were purchased by foreigners, 7.28B is due now from 13.34B during the reported month.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Mario Draghi, European Central Bank (ECB) President is due to speak in in Strasbourg.
Later in Europe, ZEW Economic Sentiment, Survey to rate the 6 month financial outlook for the Eurozone, 31.5 points are due from 33.4 points on the last time, while on the German ZEW Economic Sentiment41.5 points are due now from 48.5 points on the previous month.
Later on in Europe, Consumer Price Index (CPI), value the consumers’ price change of goods and services, 1.7% is due similar to the last report, and on the Core CPI (without food, energy, alcohol, and tobacco) rise of 0.1% is likely up to 1.4% now.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, BOE Inflation Letter shows the insight on future monetary policy, when CPI y/y moves more than 1% the BOE Governor is required with an open letter to the chancellor.
Later in Great Britain, Consumer Price Index (CPI), consumers price change of goods and services, 2.8% is due with no change from the last time, on the Retail Price Index (RPI), rise of 0.1% is due up to 3.3%. and on the Producer Price Index (PPI), reduce down to -0.3% from 3.2% on the past month.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Producer Price Index (PPI) Change, value the manufacturer’s price change of goods and raw materials; reduce of 0.1% is likely now.
Later in Switzerland, Jean-Pierre Danthine, Swiss National Bank (SNB) Governing Board Vice-Chairman, is due to deliver a speech in Geneva.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Monetary Policy Meeting Minutes, the latest RBA Reserve Bank Board’s most recent meeting detailed, that providing insights on the financial conditions and decision on interest rates.
Later in Australia, New Motor Vehicle Sales, value the new cars and trucks sold domestically, now change from the last time is likely.
Finally in Australia, Guy Debelle, Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets) is due to deliver a speech in Canberra.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Consumer Price Index (CPI), calculate the consumer’s price change of goods and services, rise up to 0.5% from -0.2% on March is likely now.
For more about the kiwi, see the NZD/USD forecast.
Trade well
Share
