We start the week with interesting events. In Europe Flash Manufacturing & Services PMI, MPC Member Sentance Speaks in London and much more. Let’s see what awaits us today.
In the US, Treasury Currency Report, It provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the world. Most importantly, the report outlines counties that the Treasury deems currency manipulators.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe Flash Manufacturing Purchasing Managers’ Index (PMI); Survey (600 managers in the manufacturing industry) to rate the relative level of business conditions, is about to remain 57.1 points and so is the Flash Services PMI (500 managers in the services industry) with 54.2 points. Leading indicator of economic health
Later Europe, French Flash Manufacturing Purchasing Managers’ Index (PMI); Survey (600 managers in the manufacturing industry) to rate the relative level of business conditions, is about to reduce by 0.4 points, while the French Flash Services PMI (500 managers in the services industry) is about to rise by 0.3 points. Leading indicator of economic health
Later on in Europe, German Flash Manufacturing Purchasing Managers’ Index (PMI); Survey (600 managers in the manufacturing industry) to rate the relative level of business conditions, is about to rise by 0.4 points, while the German Flash Services PMI (500 managers in the services industry) is due to remain 59.2 like on the previous survey. Leading indicator of economic health
More in Europe, Industrial New Orders, total value of new purchase orders placed with manufacturers; is about to rise by 0.9%.
Finally in Europe, French Consumer Spending, price of imported goods purchased domestically is about to rise by 0.1%. This index is designed to predict the direction of the economy, but it tends to have a muted impact because most.
For more on the Euro, read the EUR/USD forecast.
In Great Britain, External BOE MPC Member Andrew Sentence, due to speak at the European Policy Forum, in London.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, UBS Consumption Indicator, Source first released in Jun 2005 and changed the series calculation formula as of Feb 2006 is about to remain 1.63 points like on the previous one.
In Australia, Producer Price Index (PPI); finished goods and services sold by producers; is about to reduce by 0.8%.
More in Australia, Consumer Price Index (CPI), goods and services purchased by consumers; is about to rise by 0.1%, and the Trimmed Mean CPI (excluding the most volatile 30% of items) is about to rise by 0.2%.
Finally in Australia, CB Leading Index, level of a composite index based on 7 economic indicators is about to be 0.6%.
For more on the Aussie, read the AUD/USD forecast.
That’s it for today. Happy forex trading!
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