Search ForexCrunch

We summarize this week in the UK Fed Chairman Bernanke Speaks and PPI Input in the UK are some of the major events this day. Here is an outlook on the market-movers awaiting us.

In the US, Ben Bernanke, Federal Reserve Chairman, is about to speak in Orlando

Later in the US, Trade Balance, value the difference between exported and imported goods and services on the last month, reduce of 0.4B is predicted up to -48.2B

More in the US, Prelim University of Michigan (UoM) Consumer Sentiment is due to reduce by 0.7 points from the last month. While the Prelim UoM Inflation Expectations is due to remain 3.3% similar to the previous month.

Also in the US, Sandra Pianalto, Federal Reserve Bank of Cleveland President is about to lecture in Cleveland.

Finally in the US, Federal Budget Balance, value the difference between the federal government’s spending & income on the last month, about to rise up by 20.8B to -65.2B.

In Canada, Trade Balance, measures the imported and exported goods due to drop down from 1.1B on January to 0.7B this month.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, French Industrial Production, value the manufacturers’ inflation-adjusted change over the last month, due to drop down from 1.1% on January to -0.8%.

More in Europe, German Final Consumer Price Index (CPI); measures the consumer’s price change from the last month, -0.4% is predicted similar to the previous month.

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

In Great Britain, Producer Price Index (PPI) Input, manufacturers’ price change of goods and raw materials, rise is expected from -0.6% on January up to 0.4% this time. Meanwhile on the rise of 0.4% is predicted up to 0.2% this month.

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

In Switzerland, Consumer Price Index (CPI), consumers’ price change of goods and services, further reduced from the last month by 0.1% down to -0.3%.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, Reserve Bank of Australia (RBA) Monetary Policy Statement, provides the bank’s view of financial conditions and inflation and their interest rate decisions.

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

That’s it for today.

For more events later in the week, check out the Live Forex Calendar

Expert score


Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.