US Fed Chairman Bernanke Speaks and Employment Change in Australia are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Ben Bernanke, Federal Reserve Chairman is due to speak in Cambridge.
Later in the US, Federal Open Market Committee (FOMC) Meeting Minutes, the FOMC’s latest meeting record to provide insights on the economic and financial conditions regarding the interest rates.
Also in the US, Crude Oil Inventories, weekly report to measures the crude oil barrels in commercial firm’s inventory, -2.9M is due now from -10.3M on the last time.
Finally in the US, Wholesale Inventories, indicator of future business spending to value all the wholesalers goods that is held in inventory, rise of 0.1% from June is likely up to 0.3% now.
In Europe, German Wholesale Price Index (WPI), price change of goods sold by wholesalers, rise up to 0.3% is calculated now from -0.4% on June.
Later in Europe, French Consumer Price Index (CPI), is likely to remain 0.1% with no change from the last month.
For more on the Euro, read the Euro to dollar forecast.
In Australia, Unemployment Rate, the actively employment seekers over the last month measured by percentage, rise of 0.1% is forecasted now up to 5.6% From June.
Later in Australia, Employment Change, Monthly report to value the number of employed people, 0.3K is due now from 1.1K on the previous month.
Finally in Australia, Melbourne Institute (MI) Inflation Expectations, the expected consumers’ price changes of goods and services over the 12 months by percentage, 2.3% is likely now similar to the last time.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Business NZ Manufacturing Index, Manufacturers Survey to rate the business conditions such as employment, new orders, supplier deliveries and inventories. 59.2 points are due now similar to the last time.
Later in New Zealand, Food Price Index (FPI) is due to remain 0.3% like on June.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Monetary Policy Statement, Bank of Japan (BOJ) primary tool to communicate with investors on monetary police to projects the economic outlook and rate decisions. It is followed by BOJ Press Conference
Later in Japan, Core Machinery Orders, value all new private sector purchase orders that were placed with manufacturers for machines (not including ships and utilities), rise up to 1.9& is expected now from -808% on June.
Read more about the yen in the USD/JPY forecast.
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