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TIC Long-Term Purchases in the US and Claimant Count Change in the UK are the main events today.   Here is an outlook on the market-movers awaiting us

In the US, Producer Price Index (PPI); primary sign of consumer inflation that value the producer’s price change of finished goods and services, deduction is expected from 0.3% on December down to 0.1%. Meanwhile no change is predicted in the Core PPI (not including food and energy) and 0.1% on this month as well.

More in the US, Treasury International Capital (TIC); Long-Term Purchases, value the difference between foreign & US citizens securities purchase on the last month, rise is predicted from 4.8B on December up to 27.3B this time.

Later in the US, Industrial Production, value the manufacturer’s inflation-adjusted change over the previous month, about to rise from -0.2% up to 0.5%.

Finally in the US, Capacity Utilization Rate, important indicator of consumer inflation that measures (by percentage) the utilized available resources, rise of 0.4% is forecasted up to 78.2% this month.

In Canada, Bank of Canada (BOC) Monetary Policy Report shows important bank’s view insight, financial and inflation conditions. Focus on the future economic policy and the influence over the interest rate decisions.

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

In Great Britain, Claimant Count Change, value the unemployment  that are claiming for benefits over the previous month, rise is foreseen from 3.0K on December up to 9.1K.

More in Great Britain, Unemployment Rate, value (by percentage) the unemployed who are looking for jobs on the last 3 months, 8.3% is predicted similar to the last report.

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

In Switzerland, Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Expectations, monthly institutional investors survey to rate Switzerland monetary outlook on the last 6 months, indicates pessimism with -72.0 like on the last report.

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

In Australia, New Motor Vehicle Sales, shows the cars and trucks sales over the last month, it is a sign of consumer confidence and due to rise from -0.7% up to 2.3%

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

In New Zealand, Consumer Price Index (CPI), consumer’s price change for goods and services on December, about to remain 0.4% similar to the last time.

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

That’s it for today.

Happy forex trading!

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