Very interesting day in Canada: Unemployment Rate, Housing Starts and more. Let’s see what awaits us today. In the US, Wholesale Inventories, total value of goods held in inventory by wholesalers is about to rise by 0.1%. Signal of future business spending because companies are more likely to purchase goods once they have depleted inventories. In Canada, Employment Change, employed people during the previous month; is about to rise by 17.3K. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. More in Canada, Unemployment Rate, unemployed and actively seeking employment during the previous month; is about to reduce by 0.1%. Important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Finally in Canada, Housing Starts, new residential buildings that began construction during the previous month is about to reduce by 25K. Leading indicator of economic health. For more on USD/CAD, read the Canadian dollar forecast. In Europe, The Economic and Financial Affairs Council (ECOFIN) Meetings, usually held in Brussels and attended by Finance Ministers from EU member states. Is the Eurozone’s broadest financial decision making body. The council coordinates economic policies of the 27 member states, and their decisions can have a widespread effect on the Eurozone’s economic health. Also in Europe, French Gov Budget Balance, value between the central government’s income and spending for the year-to-date; indicates a deficit with -13.4B. Finally in Europe, German Trade Balance, value between imported and exported goods during the reported month is about to rise by 2.4B. For more on the Euro, read the EUR/USD forecast. In Great Britain, Producer Price Index (PPI) Input, price of goods and raw materials purchased by manufacturers is about to rise by 1.1%. More in Great Britain, Producer Price Index (PPI) Output, price of goods sold by manufacturers is about to rise by 0.2%. Read more about the Pound in the GBP/USD forecast. In Switzerland, Unemployment Rate, is due to remain 3.3% similar to the previous month. Important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. In Japan, Bank of Japan (BOJ) Monthly Report, It contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank’s viewpoint. More in Japan, Economy Watchers Sentiment, Survey of about 2,000 workers to rate the relative level of current economic conditions, indicates pessimism; with 49.6 points. 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 The euro has time to play with…just FxPro - Forex Broker 12 years Very interesting day in Canada: Unemployment Rate, Housing Starts and more. Let's see what awaits us today. In the US, Wholesale Inventories, total value of goods held in inventory by wholesalers is about to rise by 0.1%. Signal of future business spending because companies are more likely to purchase goods once they have depleted inventories. In Canada, Employment Change, employed people during the previous month; is about to rise by 17.3K. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. More in Canada, Unemployment Rate, unemployed and actively seeking employment… 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.