MBA Mortgage Applications in the US and International Merchandise Trade in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales. 4% is expected similar to the previous month. Later in the US, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus while a negative one shows a trade deficit. Reduce of 1.24 Billion is expected now. More in the US, EAI Crude Oil Stocks Change (Energy Information Administration), inventories and indicator of oil demand and rates is expected to remain 3.4 Million. In Canada, International Merchandise Trade, measuring the difference in Canadian goods imports and exports of not including services. Rise of 0.47 Billion is expected now. For more on USD/CAD, read the Canadian dollar forecast. In Europe, CPI (Consumer price index) measures the cost of living by comparing basket of goods and services including volatile components, is likely to reduce by 0.2% on the Monthly report and rise by 0.3% in the yearly. For more on the Euro, read the EUR/USD forecast. In Great Britain, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus while a negative one shows a trade deficit. Rise of 0.651 Billion is expected now. More in Great Britain, The BoE Chairman Mervyn King is about to deliver a speech. Also in Great Britain, BOE Inflation Report, quarterly report that measures the inflation forecasts upon Bank’s Monetary Policy Committee interest rate decisions. Read more about the Pound in the GBP/USD forecast. In Japan, Leading Economic Index, based on 12 leading indicators aimed to predict economic conditions for the next 6-9 months, is expected positive growth with 99.8 points. More in Japan, Current Account, net flow of current businesses, services, goods and interest costs in Japan reduction of 400.2 Billion is expected now. Finally in Japan, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus. 305 billion is now expected. That’s it for today. Happy forex trading! 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 Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next China’s gradual economic rebalancing FxPro - Forex Broker 12 years MBA Mortgage Applications in the US and International Merchandise Trade in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales. 4% is expected similar to the previous month. Later in the US, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus while a negative one shows a trade deficit. Reduce of 1.24 Billion is expected now. More in the US, EAI Crude Oil Stocks Change (Energy… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
