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Forex Daily Outlook August 14 2013

PPI  in the US and Claimant Count Change in the UK are the main events today.   Here is an outlook on the market-movers awaiting us

In the US, Producer Price Index (PPI), manufacturers’ price change for finished goods and services, 0.4% is due from 0.8% on July. While on the Core PPI (excluding food and energy) is calculated 0.2% with no change from the previous report.

Later in the US, James Bullard, Federal Reserve Bank of St. Louis President, is due speak in Kentucky.

Finally in the US, Crude Oil Inventories, weekly indicator to calculate the number of crude oil barrels in commercial firms’ inventory, -1.3M is due similar to the last week.

In Europe, Flash Gross Domestic Product (GDP), broadest measurement for the economic activity to value all the gods and services that were produced by the economy on the past quarter, rise up to 0.2% from -0.2% on the last time.

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

In Great Britain, Claimant Count Change, value the people claiming unemployment benefits , -14.3K is due now from -21.2K on the previous month.

Later in Great Britain, Policy Committee (MPC) Official Bank Rate Votes, Bank of England (BOE) MPC meeting minutes regarding the interest rate, and enacting a rate change in the future is due now with no change from the last time. And similar is predicted on the MPC Asset Purchase Facility Votes.

More in Great Britain, Average Earnings Index, the price change of businesses and the government labor payment including bonuses, 2.1% is likely now from 1.7% on July.

finally in Great Britain,   Unemployment Rate, the total work force by percentage that is looking for jobs over the last 3 months, 7.8% is due to remain like on the last report.

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

In Switzerland, Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Expectations, 6-Month Survey to value the economic outlook for Switzerland, 4.8 points are likely to remain similar to July.

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

In Australia, Melbourne Institute (MI) Inflation Expectations, the expected consumers’ price change for goods and services by percentage over the next 12 months, 2.6% is likely now similar to the last month.

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

In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers Business Conditions Survey to measure the level of employment, new orders, supplier deliveries, and inventories, 54.7 points are due now.

For more about the kiwi, see the NZD/USD 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