Home Forex Daily Outlook July 30 2013
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Forex Daily Outlook July 30 2013

CB Consumer Confidence in US and ANZ Business Confidence in Australia are the main events lined up. Let’s see what awaits us today.

In the US, The Conference Board (CB) Consumer Confidence, Survey rate the current and future financial conditions for labor availability, and overall economic situation, 81.1 points are due now from 71.4 on June.

Later in the US, Standard & Poor’s (S&P) / Case-Shiller (CS) Composite-20 House Price Index (HPI), housing industry’s health indicator to value the selling price of homes in 20 metropolitan areas, rise of 0.3% is likely up to 12.4% now.

In Canada, Raw Materials Price Index (RMPI), the manufacturers’ price change of raw materials , reduce of 0.2% from June is predicted. While on the Industrial Product Price Index (IPPI) rise of 0.1% is forecasted now.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, German Prelim Consumer Price Index (CPI); the consumer’s price change of goods and services, rise of 0.2% up to 0.3% is due now.

Later in Europe, German Unemployment Change, value the unemployed people on the last month, -1K is likely now from -12K on June.

More in Europe, German Retail Sales, primary consumer spending gauge to measures the sales at the retail level (not include cars and gas stations), 0.1% is expected this month from 0.7% on the last report.

Also in Europe, French Consumer Spending, value all costumers` goods, reduce from 0.5% on June is due down to 0.1% this time.

In Europe, Raw Materials Price Index (RMPI), is likely now similar to the last month survey with 19.1 Finally points.

For more on the Euro, read the  Euro to dollar forecast.

In Great Britain, British Retail Consortium (BRC) Shop Price Index, to value the BRC retail stores price change of goods, no change is due form the last month and -0.2% is likely to remain.

Later in Great Britain, GfK Consumer Confidence, -19 is due now from -21 on the last report.

Read more about the Pound in the  GBP/USD forecast.

In Switzerland, KOF Economic Barometer Later in Switzerland, a composite index that is based on 12 monetary indicators, 1.21 points are likely this month from 1.16 points on June.

Later on in Switzerland, UBS Consumption Indicator, 1.46 points are due now similar to the previous time.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, Private Sector Credit, value the new credit that is issued to consumers and businesses on the last month, 0.3% is likely to remain similar to June.

For more on the Aussie, read the  AUD/USD forecast.

In New Zealand, ANZ Business Confidence, Monthly Survey for Businesses to value the Economic outlook for the next 12 months, 50.1 points are due now similar to the last report.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Average Cash Earnings, the total value of employment income collected by workers, rise up to 0.2% is due now.

Later in Japan, Housing Starts, measures the new buildings that began construction, rise up to 15.9% is likely now from 14.5% on the last month.

Finally in Japan, Manufacturing Purchasing Managers’ Index (PMI), Survey to rate the business conditions such as employment, new orders, and supplier deliveries, 52.3 points are due now.

Read more about the yen in the USD/JPY forecast.

Trade well

Anat Dror

Anat Dror

Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer