Building Permits in the US and MPC Meeting Minutes on the UK are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Federal Open Market Committee (FOMC) Meeting Minutes, the FOMC’s latest meeting record that discuss the financial conditions and interest rates desertions.
Later in the US, Building Permits, excellent Annual future construction activity indicator to value the new residential building permits that were issued over the past month rise of 0.1M is likely up to 0.92M.
Later on in the US, Producer Price Index (PPI), value the producer’s price change of finished goods and services, 0.3% is expected now from -0.2% on the last time. And similar rise is due on the Core PPI (without food and energy) 0.2% now from 0.1% on January.
Also in the US, Mortgage Delinquencies, value the Mortgage Bankers Association (MBA) late payment mortgages by percentage, 7.40% is calculated similar to the last quarter.
Finally in the US, Housing Starts, the new buildings that began construction on the past month, 0.93M is likely from 0.95M on the last time.
In Europe, German Producer Price Index (PPI), shows the manufacturer’s price change of goods, rise up to 0.4% is due from -0.3% on the past time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Monetary Policy Committee (MPC) Meeting Minutes, the Bank of England (BOE) latest meeting record providing the financial conditions and influenced on the interest rates.
Later in Great Britain, Claimant Count Change the people claiming unemployment benefits over the past month, -5.3K is forecasted now from -12.1K on January. Meanwhile the Unemployment Rate remain 7.7% similar to the previous month.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Expectations, monthly survey to rate the 6 month monetary outlook for Switzerland, -6.9 is likely with no change from the past report.
Read more about the Swiss franc in the USD/CHF forecast.
Trade well
Share
