In the UK BOE Inflation Report and Building Permits in Canada are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Crude Oil Inventories, weekly indicator to value the barrels of crude oil in commercial firms’ inventory,0.4M is due similar to the last time.
Later in the US, 10-y Bond Auction is likely now with no change from July.
Finally in the US, Consumer Credit, 15.3B is due now from 19.6B on the last month report.
In Canada, Ivey Purchasing Managers’ Index (PMI); Monthly Business Conditions Survey to rate the level of employment, new orders, supplier deliveries, and inventories, rise up to 56.3 points from 55.3 points on July is expected now.
Later in Canada, Building Permits, the total value of new building permits issued from the last month, rise up to 6.2% from 4.5 is due now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Industrial Production, the total value of manufacturers, mines, and utilities output, rise up to 0.3% is likely from -0.1% on the previous month.
Later in Europe, German Trade Balance, Monthly measurement to value the difference between imported and exported goods, rise up to 15.2B is due from 14.1B on the previous report.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Bank of England (BOE) Inflation Report, the BOE’s projection for inflation and economic growth for the next 2 years, that also provides the bank’s view of financial conditions and interest rate decisions.
Later in Great Britain, Mark Carney, Bank of England (BOE) Governor, is due to hold a press conference in London.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Unemployment Rate is due to remain 3.2% similar to the last month.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Employment Change, value the employed people, 6.2K is likely now from 10.3K on the last month.
Later in Australia, Unemployment Rate, value by percentage all the work force that is looking for employment, rise of 0.1% from the last month is predicted up to 5.8% now.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Monetary Policy Statement, the Bank of Japan (BOJ) primary tool uses to communicate with investors on monetary policy, projects the economic outlook & future rate decisions. And it is followed by a BOJ Press Conference.
Later in Japan, Current Account, value the difference between imported and exported goods, services, and unilateral transfers, rise up to 0.73T is calculated from 0.62T on the last reported month.
More in Japan, Bank Lending, 1.9% is due with no change from July.
Finally in Japan, Economy Watchers Sentiment, rise of 0.5 points are due up to 53.5 points from the last month survey.
Read more about the yen in the USD/JPY forecast.
Trade well
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