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After a slow start, Tuesday is a very busy day: American  CB Consumer Confidence and German GDP are the highlights. There’s lots more from all over the globe.

New Zealand’s Inflation Expectations start the day. Prices aren’t rising in New Zealand, but they haven’t reached deflation yet.

In Europe,  German Final GDP will supply a strong start for the day – the surprising growth in the second quarter is expected to be confirmed in the final report, and show a rise of 0.3% in GDP.

Later on, the  Belgium NBB Business Climate is predicted to be negative, but somewhat better. For more this week in the Euro, read the EUR/USD Outlook.

In Switzerland, it’s a busy day:  UBS Consumption Indicator is the first publication in the morning. Later on, Employment Level is expected to remain stable at 3.96 million.

The  Avenir Suisse Symposium will take place in Zermatt, and high ranking Swiss officials will speak including  SNB Governing Board Vice-Chairman Philip Hildebrand.  SNB member Thomas Jordan will be speaking twice today, at two separate events. This could be quite a volatile day for Swissy traders…

In Britian,  BBA Mortgage Approvals are quite important for the British Pound. They’re expected to continue rising, from 35.2 to 37.9K. In the evening,  BOE Deputy Governor Charles Bean will speak, and might move the Pound as well.

For more on the Pound, read the  GBP/USD Outlook.

S&P/CS Composite-20 HPI  is expected to be negative once again, -16.3%, though a slight improvement from last time. The more interesting figure is the  CB Consumer Confidence which is expected to rise from 46.6 to 48.1 points.

Also in the US, HPI is predicted to rise by 0.4% and the  Richmond Manufacturing Index is expected to stay stable. More important American figures will be published in the upcoming days.

BOC Deputy Governor Timothy Lane will speak in Kingston, and might shake the loonie. Will he refer to yesterday’s Canadian Retail Sales? For more on the Canadian dollar, read the USD/CAD Outlook.

Just before the day closes, Japanese Trade Balance is expected to show a shrinking surplus.

That’s it for today. Happy forex trading!

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