Search ForexCrunch

FOMC Meeting Minutes in the US and CPI  in the UK are the main events lined up.  Let’s see what awaits us today.

In the US, Trade Balance, report to value the Change on imported and exported services and goods on the passing month, a small decrease is expected from -43.7 billion on June to -44.1 billion this month.

Later in the US, Federal Open Market Committee (FOMC) Meeting Minutes, full protocol of the latest FOMC’s meeting, provides visions on the financial conditions that can affect the interest rates.

Finally in the US, Investor’s Business Daily (IBD) / TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism is about to reach 45.7 points.

In Canada, Trade Balance, report to value the Change on imported and exported goods and services on the passing month, deficit of 0.8 billion is expected, similar to the previous month.

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

In Europe, The Economic and Financial Affairs Council (ECOFIN) Meetings, held in Brussels, subject on various financial issues and EU member states & Finance Ministers are the main participants.

More in Europe, French Consumer Price Index (CPI and German Final CPI are about to remain 0.1% that is similar to the previous month.

For more on the Euro, read the  Euro to dollar forecast.

In Great Britain, Consumer Price Index (CPI), monthly report to value consumers’ price on services and goods is due to be 4.5%, Core CPI (excluding food and energy) is due to be 3.4%, both similar to the previous month.

More in Great Britain, Department for Communities and Local Government (DCLG) House Price Index (HPI), is about to slightly rise to -0.2%.

Also in the Great Britain Bank of England (BOE)  Deputy Governor Charles Bean is about to speech in Canberra

Later in Great Britain, Trade Balance, monthly report to value the deference between exported and imported goods, is about to remain -7.3 billion.

Later on in Great Britain, Retail Price Index (RPI), value the difference in consumer’s price for services and goods over the passing month, 5.2% is expected this month.

Finally in Great Britain, CB Leading Index is about to remain 0.4%.

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

In Australia, National Australia Bank (NAB) Business Confidence, Survey of 350 businesses to value the business conditions level,   is due to remain 6 points that is similar to the previous month.

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

In New Zealand, Real Estate Institute of New Zealand (REINZ) House Price Index (HPI), measurement to value the selling price of all households, is due to remain -1.8%.

More in New Zealand, Food Price Index (FPI) is about to be 0.5% that is like on the last month.

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

In Japan, Monetary Policy Statement More in Japan, the main BOJ tool for monetary policy information on investors and provide signs of future rate decisions outcome; Followed by BOJ Press Conference.

Finally in Japan Overnight Call Rate, to value Interest rate for bills and loans on financial institutions, is about to remain <0.10% like on the last months.

Read more about the yen in the USD/JPY forecast.

Trade well


 

Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.