Durable Goods Orders in the US and CBI Realized Sales in the UK are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Durable Goods Orders, production important indicator to value the new durable goods orders placed with manufacturers, rise from -0.8% on August up to 1.1% this time is likely. And rise of 7.4% is due on the Core Durable Goods Orders (without transportation items).
Later in the US, New Home Sales, Annualized number of new homes that were sold on the last month, 422K is likely now from 394K on the last report.
Finally in the US, Crude Oil Inventories, weekly indicator to value the crude oil heal in Inventory, -4.4M s due similar to the last time.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Private Loans, value al the new loans issued to consumers and businesses, -1.7 is due now from -1.9% on August.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, CBI Realized Sales, consumer spending Survey to measure the level of current sales volume, reduce of 3 points down to 24 points now is forecasted.
Later In Great Britain, Nationwide House Price Index (HPI),shows the price change of homes with mortgages backed by Nationwide, reduce of 0.1% down to 0.5% is calculated this month.
Read more about the Pound in the GBP/USD forecast.
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