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Retail Sales 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), leading monthly report to value the producer’s prices for finished goods and services, reduce from 0.2% on August to -0.1% this month is anticipated. Meanwhile on the Core PPI (excluding food and energy) reduce of 0.1% to 0.3% is expected.

Later in the US, Retail Sales, primary monthly report to rate the total value of retail sales, reduce from 0.5% on August to 0.2% this month is forecasted here and the same on the Core retail Sales (excluding automobiles).

More in the US, Timothy Geithner, US Treasury Secretary, is due to deliver a speech in New York

Also in the US, Business Inventories is about to rise from 0.3% on August to 0.4% this month.

Finally in the US, Crude Oil Inventories is due to remain -4M with no change from the last week.

In Canada, Capacity Utilization Rate, important quarterly indicator to value the resources being used by manufacturers, builders etc., 79.7% is expected, 0.7% raise from the last quarterly.

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

In Europe, Industrial Production, important measurement to value the output produced by manufacturers, mines etc. about to rise to 1.5% this month from -0.7% on August.

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

In Great Britain, Claimant Count Change, number of people requesting for unemployment-linked benefits on the passing month, reduce from 37.1K on August to 34.6K this month is predicted.

More in Great Britain, Average Earnings Index, the labor government payment, is due to rise by 0.1% up to 2.7%.

Finally in Britain, Unemployment Rate is about to stay 7.9% similar to the previous month.

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

In Switzerland, Producer Price Index (PPI) measures the deference manufacturer’s prices of goods and raw materials rise from -0.6% on the last month to -0.3% this month is predicted.

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

In Australia, Westpac Consumer Sentiment, Survey (around 1,200 consumers) to rate the present and upcoming financial conditions,-3.5% is predicted similar to the past month.

More in Australia, Housing Starts is about to reduce to 2.1% this time.

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

In New Zealand, Reserve Bank of New Zealand (RBNZ) Press Conference, the main tool used by the RBNZ regarding monetary policy. And It affects the latest. If followes with RBNZ Rate Statement & RBNZ Monetary Policy Statement.

Later in New Zealand, Official Cash Rate, no change in the short term interest rates is expected and 2.5% is forecasted like on the previous months.

Finally in New Zealand, Business NZ Manufacturing Index about to remain 53.2 like on August.

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

In Japan, Revised Industrial Production is due to remain 0.6% similar to the previous time on August.

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

Happy forex trading

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