Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly measurement to report the number of Americans filing new Unemployment Claims and value the overall job market condition, about to reduce by 5K from 429K last week to 424K on the coming week.
Later in the US, Chicago Purchasing Managers Index (PMI), Monthly measurement of business conditions of purchasing managers from Illinois, Indiana and Michigan. An early indicator of ISM, small reduce from 56.6 points on May to 54.1 points is expected and still indicated growth.
Finally in the US, Natural Gas Storage, weekly measurement of natural gas inventory, amount of cubic feet stored underground, is due to remain 98 billion, similar to the previous week.
In Canada, Gross Domestic Product (GDP), important measurement to value all services and goods manufactured by the economy, is about to droop down from 0.3% on May to -0.1% this time.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Jean-Claude Trichet President of the European Central Bank, is about to deliver a speech in Brussels.
More in Europe, German Retail Sales monthly report and major indicator of consumer spending without cars and gas stations, is about to rise from 0.3% on May to 0.7 this month.
Also in Europe, German Unemployment Change, monthly report to value the amount of jobless over the last month in Germany, continue to reduce from -8K on May to -17K this time.
Later in Europe, Consumer Price Index (CPI) Flash Estimate, report that release monthly to measure the price of services and goods bought by costumers, a rise of 0.1% is predicted from 2.7% on May to 2.8% this time.
Later on in Europe, French Consumer Spending, report to value the chance in goods price over the passing month, a rise is expected from -1.6% on May to 1%.
Moreover in Europe, M3 Money Supply, monthly measurement to value the amount of domestic currency and Bank flow, rise to 2.2% is expected
Finally in Europe, Private Loans, report to value the new Change in the total value of new private loans supplied to customers and industries over the passing month, reduction to 2.8% is expected.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Nationwide House Price Index (HPI), monthly report to value the hoses with mortgages selling price that are supported by Nationwide, is expected to drop from 0.3% on May to 0.1% this time.
More In Great Britain, Bank of England (BOE) Credit Conditions Survey to value the level of credit conditions over the previous and next 3 months.
Read more about the Pound in the GBP/USD forecast.
In Australia, Private Sector Credit, monthly report to measure the value of new credit supplied to customers and industries, a rise to 0.4% is expected this month.
More in Australia, AIG Manufacturing Index, monthly survey of 200 manufactures to value the relative level of business conditions, is about to remain 47.7 points, that is similar to the previous month.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, NBNZ Business Confidence, leading survey of 1,500 businesses to measure the Level of a diffusion index, 38.3% is now expected similar to the previous survey.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Tankan Manufacturing Index, leading survey of 1,200 manufacturers to value the level of general commercial conditions, is about to reduce to -7 points this time from 6 points on May. And the Tankan Non-Manufacturing Index is about to reduce as well to -3 points from 3 points on May.
More in Japan, Household Spending, monthly report measure the change value expenses inflation of consumers, a rise is expected from -3% last month to -1.7% this month.
Finally in Japan, Tokyo Core Consumer Price Index (CPI), report released monthly to value the price of services and goods Change in the price of goods and services bought by customers in Tokyo, whiteout fresh food, a rise to 2% from 1% on the last report is expected. Meanwhile the National Core CPI is expected to drop to 0.5%.
Read more about the yen in the USD/JPY forecast.
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