CPI in the UK and PPI in Europe are the main events lined up. Let’s see what awaits us today.
In the US, Jack Lew, US Treasury Secretary, is due to testify in Washington DC.
Later in the US, James Bullard, Federal Reserve Bank of St. Louis President, is due to deliver a speech in Frankfurt.
Finally in the US, William Dudley, Federal Reserve Bank of New York President, is about to speak in New York.
In Canada, Mark Carney, Bank of Canada (BOC) Governor, is expected to speak in Montreal.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Producer Price Index (PPI), value the manufacturers price change of goods, -0.1% is due from -0.2% on the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Consumer Price Index (CPI), measures the consumer’s price change of goods and services, 2.6% is likely now from 2.8%. And similar is predicted on the on the Core CPI (without the volatile food, energy, alcohol, and tobacco items), 2.3% is due from 2.4% on April.
Later in Great Britain Producer Price Index (PPI) Input shows the manufacturer’s price change of goods and raw materials, -1.2% is forecasted now. On the PPI Output 0.3% due to remain similar to the last report. And on the Retail Price Index (RPI) 3.1% now from 3.3% on April.
Finally in Great Britain, House Price Index (HPI), rise up to 2.3% from 1.9% on the previous month.
Read more about the Pound in the GBP/USD forecast.
In Australia, Westpac Consumer Sentiment, Survey to rate the past and future financial conditions such as employment and climate for major purchases, -5.1% is due with no change from the last time.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Monetary Policy Statement, Bank of Japan (BOJ) tool that is uses to communicate with investors on monetary police and interest rates, it projects the economic outlook of future rate decisions. Usually it is followed by BOJ Press Conference.
Later in Japan, Trade Balance’ value the difference between imported and exported goods -0.61T is calculated now from -0.92T on April.
Read more about the yen in the USD/JPY forecast.
Trade well
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