TIC Long-Term Purchases in the US and Nationwide Consumer Confidence in the UK are the main highlight on today’s outlook. Let’s
see what awaits us today.
In the US, Treasury International Capital (TIC) Long-Term Purchases, monthly report to measure the change value among foreign and US citizens securities purchases, a rise is estimates from 23.6B on the last month to 30.4B this time.
Later in the US, Empire State Manufacturing Index, monthly Survey of around 200 New York manufacturers to value the general business conditions, a rise to 0.8 points is predicted this time from -3.8 points on the last survey.
More in the US, National Association of Home Builders (NAHB) Housing Market Index forecast no change from the previous time and should remain 15
points.
In Canada, New Motor Vehicle Sales, measurement of the new cars and trucks that has been traded domestically, growth to 2.4% is expected from -6.1%.
For more on USD/CAD, read the Canadian dollar forecast.
In Great Britain, Nationwide Consumer Confidence, Survey of around 1,000 trades to measure the present and upcoming financial conditions, 51 points with no change from the last month is likely.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Producer Price Index (PPI), difference in the manufacturers price of raw materials and goods, is expected to remain -0.5%.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, New Motor Vehicle Sales, measurement of the new cars and trucks that has been traded domestically, 1.5% is predicted similar to the earlier
month.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Prelim Gross Domestic Product (GDP), the main measurement for all economy goods and services, is due to rise slightly from -0.9% to -0.6%. And the Prelim GDP Price Index (included price in GDP) is about to rise similar to -1.7%.
Read more about the yen in the USD/JPY forecast.
For more events later in the week, check out the Live Forex Calendar
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