Unemployment Claims in the US and CBI Realized Sales in the UK are the major market-movers. Let see what awaits us today.
World Economic Forum (WEF) Annual Meetings – Day 2, this time is held in Davos for Bankers, Political, trade & finance Ministers and Commercial leaders from around 90 countries. Can influent market volatility.
In the US, Unemployment Claims, the nation’s earliest financial data that value the unemployed who filed for insurance over the last week for the first time, rise is predicted from 352K up to 371K.
More in the US, New Home Sales, value the new homes that were sold over the last month, rise of 7K is forecasted from December up to 322K.
Later in the US, Durable Goods Orders, production indicator to value the new manufacturer’s durable goods orders over the last month, is about to decrease from 3.7% on December down to 2.1%. And similar reduce is expected in the Core Durable Goods Orders (without transportation items) from 0.3% on the last month down to 1.0% now.
Also in the US, The Conference Board (CB) Leading Index is expected to remain 0.17% similar to the last report.
Finally in the US, Natural Gas Storage, no change is expected this week and -87B is predicted.
In Europe, GfK German Consumer Climate, Monthly Survey to rate the monetary conditions, is predicted to remain 5.6 points similar to the December.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Confederation of British Industry (CBI) Realized Sales, Monthly Survey to rate the current sales volume level, is due to drop down by 8 points and still indicates higher sales volume with 1 point this month.
Read more about the Pound in the GBP/USD forecast.
In New Zealand, Trade Balance, value the difference between imported and exported goods over the previous month, due to rise from -308M to -47M.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Monetary Policy Meeting Minutes, shows the latest Bank of Japan (BOJ) Policy Board’s meeting and provides insights into the financial conditions that influence the interest rates decisions.
More in Japan, Retail Sales about to rise up from -2.2% on the last month report to 2.3% now.
Finally in Japan, National Core Consumer Price Index (CPI), value the consumer’s price change of goods and services (not including fresh food), about to rise from -0.2% on December to -0.1%, while on the Tokyo Core CPI no change is predicted and -0.3% is expected.
Read more about the yen in the USD/JPY forecast.
That’s it for today.
Happy forex trading!
Share
