Trade Balance in the US and Canada are the main events lined up. Let’s see what awaits us today.
In the US, Trade Balance, the difference between imported and exported goods and services,-43.1B is due now from -45.0B on the last month.
Later in the US, Charles Evans, Federal Reserve Bank of Chicago President, is likely to speak in Chicago.
Finally in the US, JOLTS Job Openings, shows the job openings (no including the farming industry), 3.83M is due now similar to the last month report.
In Canada, Trade Balance, measures the difference between imported and exported goods, -0.5B is expected now from -0.3B on July.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Factory Orders, value the manufacturers’ new purchase orders, 1.1% is forecasted now from -1.3% on the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Manufacturing Production, value the manufacturers` rise up to 0.9% is calculated now from -0.85% on the last time.
Later in Great Britain, National Institute of Economic and Social Research (NIESR), Gross Domestic Product (GDP) Estimate, important quarterly indicator to value all the goods and services produced by the economy, 0.6% is due similar to the last time.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Consumer Price Index (CPI), the price change for services, reduces down to -0.3% is due from 0.1% on July.
Later in Switzerland, State Secretariat for Economic Affairs (SECO) Consumer Climate, economic conditions monthly survey to rate the past and future conditions, -2 points are predicted from -5 points on the previous time.
Finally in Switzerland, Foreign Currency Reserves, 434.9B is likely to remain with no change from July.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Guy Debelle, Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), is due to speak in Sydney.
Later in Australia, Home Loans, the new loans granted for homes owners, rise up to 2.2% is due from 1.8% on July
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Unemployment Rate, value by percentage the total unemployed work force that is actively looking for employment, rise of 0.1% is due from the previous quarter up to 6.3% now.
Employment Change, calculus the number of employed people over the last quarter, 0.4% is predicted now from 1.7% on the last report.
For more about the kiwi, see the NZD/USD forecast.
Trade well
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