Forex Daily Outlook August 28 2013

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Pending Home Sales in the US and BOE Gov Carney Speaks in the UK are the main events today.  Here is an outlook on the market-movers awaiting us

In the US, Pending Home Sales, the homes under contract to be sold before the closing transaction (not including new building), 0.2% is due now from -0.4% on July.

Later in the US, Crude Oil Inventories, weekly indicator to value the commercial firm’s crude oil barrels in inventory, 0.9M is likely now from -1.4M on the last report.

In Europe, M3 Money Supply, all the domestic currency in circulation and deposited in banks, 2.0% is calculated now from 2.3% on July.

Later in Europe, Employment Level, quarterly measurement to value the employed people, 4.14M is expected now from 4.15M on the last time.

More in Europe, German Unemployment Change shows the change of unemployed people during the previous month, -5K is forecasted this time from -7K on July.

Finally in Europe, German Prelim Consumer Price Index (CPI), value the consumers’ price change of goods and services purchased by

For more on the Euro, read the Euro to dollar forecast.

In Great Britain, Mark Carney, Bank of England (BOE) Governor is due to speak in Nottingham.

Later in Great Britain, Confederation of British Industry (CBI) Realized Sales, Survey to value the current sales volume, rise of 3 points up to 20 points is due now from the last month.

Read more about the Pound in the GBP/USD forecast.

In Australia, Private Capital Expenditure, Change in of all new capital expenditures made by private businesses, rise is due from -4.7% on the last quarter up to 0.2% now.

Later in Australia,  Housing Industry Association (HIA) New Home Sales, value the newly constructed homes sold, 3.4% is due similar to the last time.

For more on the Aussie, read the AUD/USD forecast.

In New Zealand, ANZ Business Confidence, monthly survey to value the 12 month’s economic outlook, 52.8 points are due similar to the last month.

For more about the kiwi, see the NZD/USD forecast.

In Japan, Retail Sales, value al the sales at the retail level, rise of 1.6% is likely now.

Read more about the yen in the USD/JPY forecast.

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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

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