FOMC Meeting Minutes in the US and RMPI in Canada are the main events lined up. Let’s see what awaits us today.
In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s last meeting, regarding interest rates financial conditions.
Later in the US, The Conference Board (CB) Consumer Confidence, Survey (5,000 houses) to value the present and upcoming financial & business conditions on the last month, reduce to 52.1 points from 59.5 is forecasted now.
More in the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President, is about to deliver a speech in Bismarck
Finally in the US, Standard & Poor’s (S&P) / Case-Shiller (CS) Composite-20 House Price Index (HPI) is about to further reduce by 0.2% from the previous month and -4.7% is likely.
In Canada, Current Account, quarterly value Change between imported and exported goods, further reduce is expected from -8.9B to -13.6b this time
More in Canada, Raw Materials Price Index (RMPI) a rise from -2.2% on July to 0.2% is forecasted this month.
For more on USD/CAD, read the Canadian dollar forecast.
In Great Britain, GfK Consumer Confidence, Survey (2,000 consumers) to measure the upcoming and present financial conditions, further reduce of 0.2% reaching -32 points this month.
More in Great Britain, Net Lending to Individuals, value of the new consumers credit issued on the passing, rise to 1.1B is predicted from 0.4B on July.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, UBS Consumption Indicator, composite index based on 5 financial indicators, 1.4B is expected similar to the previous month.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Building Approvals, monthly measurement to value the change in new house approvals that were issued on the last month, rise from -3.5% on July to 2.1% this time is estimated.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Prelim Industrial Production, about to reduce from 3.8% on the last time to 1.6%.
Read more about the yen in the USD/JPY forecast.
Trade well
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