Unemployment Claims in the US and Employment Change in Australia are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly report to value the individuals that filed for the first tine for unemployment insurance, rise of 5K is likely up to 379K from the last week.
Later in the US, Import Prices shows the price change of domestically imported goods and services, due to further reduce from -1.0% on June down to -1.4% this time.
Also in the US, Federal Budget Balance, value difference between the federal government’s income and spending, rise of 19.9B is likely on the month.
Finally in the US, John Williams, Federal Reserve Bank of San Francisco President; is due to speak in Portland.
In Canada, New Housing Price Index (NHPI), monthly measurement to value the selling price change of new homes, rise of 0.1% is predicted up to 0.3% now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, European Central Bank (ECB) Monthly Bulletin shows the statistical data on the ECB Governing Board evaluated regarding the latest interest rate decision.
Later in Europe, Industrial Production, measures all the monthly change in of manufacturers, mines, and utilities output production, rise of 0.8% is estimated this month.
Finally in Europe, Mario Draghi, European Central Bank (ECB) President; is due to speak in Casablanca.
For more on the Euro, read the Euro to dollar forecast.
In Australia, Employment Change, value the number of employed people on the last month, is about to drop down from 38.9K on June to 0.3K.
Later in Australia, Unemployment Rate, all the unemployed work force by percentage that is looking for jobs, rise of 0.1% is forecasted up to 5.2% this month.
More in Australia, Melbourne Institute (MI) Inflation Expectations, the expected consumer’s price change by percentage for goods and services on the next 12 months, 2.3% is likely similar to June’s report.
Finally in Australia, Philip Lowe, Reserve Bank of Australia (RBA) Deputy Governor, is about to speak in Sydney.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Monetary Policy Statement, BOJ primary tool to communicate with investors regarding the financial policy. And also show the decisions on interest rates. It is followed by the BOJ Press Conference. While the Overnight Call Rate is due to remain 0.10% with no change from the last time.
Read more about the yen in the USD/JPY forecast.