US GDP and Unemployment claims are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly report to value the unemployment that filed for insurance, is about to rise by 1K up to 404K this week.
Later in the US, Pending Home Sales, homes for sale that are under contract and before the closing transaction, due to rise from -1.2% on September up to 0.2% this time.
More in the US, Advance Gross Domestic Product (GDP), the primary quarterly measurement of financial activity is about to rise from 1.3% up to 2.4%. While the Advance GDP Price Index that value the goods and services prices is about to drop from 205% to 2.4%.
Finally in the US, Natural Gas Storage is due to remain 103B like on the previous report.
In Europe, M3 Money Supply, full amount of domestic cash in circulation and placed in banks, 2.8% is expected with no change from the last month.
Also in Europe, German Prelim Consumer Price Index (CPI), value the change in consumers prices of goods and services on the last month, 0.1% is forecasted like on the last report.
Finally in Europe, Private Loans expected to rise by 1% up to 2.7%.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Confederation of British Industry (CBI) Realized Sales, measures the current sales volume basted on a monthly survey is expected to remain -15 points like on the prior time.
More in Great Britain, GfK Consumer Confidence, value the overall economic situation basted on a monthly consumer’s survey likely to remain -30 points similar to the last report.
Finally in Britain, Housing Equity Withdrawal, is about to drop down to -5.9B.
Read more about the Pound in the GBP/USD forecast.
In Japan Overnight Call Rate and Monetary Policy Statement released by the Bank of Japan remained unchanged in the last BOJ meeting and are expected to continue the same monetary easing to achieve price stability. No change in rates is forecasted.
Later in Japen, Bank of Japan (BOJ) Outlook Report offers insight on the bank’s view regarding the financial conditions and inflation. And is also primarily indicator of upcoming economic policy interest rate decisions.
More in Japan, Household Spending, value of all consumers’ expenditures is due to rise up to -3.4% from -4.1% on the last report.
More in Japan, Core CPI, consumer’s price for goods and services (not including fresh food) is about to further reduce down to -0.4% inTokyoand remain 0.2% on the National level.
further in Japan, Prelim Industrial Production, value the manufacturers output is due to reduce down to -0.2% from 0.6% on the last report.
Finally inJapan, Unemployment Rate is about to rise up to 4.5%.
Read more about the yen in the USD/JPY forecast.
Trade wellGet the 5 most predictable currency pairs