US Consumer Price Index, US Long-Term Purchases and US Consumer Sentiment highlight today’s events and wrap up another busy trading week. Here is an outlook on the events at hand. In the US, Consumer Price Index, the main measure of inflation in the world’s largest economy recently showed subdued inflationary pressures in the U.S., but the month-over-month index of consumer prices could see an increase by 0.1% from a reading of -0.2% in the previous month, while the Core CPI is expected to remain unchanged at 0.1% m/m. More in the US, TIC Long-Term Purchases measuring the difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period expected a further drop from 83.0B to 73.7 B following the huge leap to 140.5B in March. Finally in the US, University of Michigan Consumer Sentiment preliminary release is forecasted to drop by 1.9 points to 74.1 following a three month rise. Prelim UoM Inflation Expectations edged up 2.8% in May and is likely to remain the same in June. In Canada, Canada’s Leading Index a combined reading of 10 economic indicators related to employment, production, new orders, consumer confidence, housing, stock market prices, money supply, and interest rate spreads is expected 0.5% rise which is 0.4% less than in April and May. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Italian Trade Balance expected to further improve its trade deficit by 80,000K which is good news following 3.36B deficit in the beginning of 2010. More in Europe, Trade Balance surplus is expected to decrease by 200,000K to 1.4B. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Japan, Bank of Japan Monthly Report contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank’s viewpoint. You may want to check out a fresh article about 5 top sites for forex exchange rates. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next Top 5 Sites For Forex Rates Yohay Elam 13 years US Consumer Price Index, US Long-Term Purchases and US Consumer Sentiment highlight today's events and wrap up another busy trading week. Here is an outlook on the events at hand. In the US, Consumer Price Index, the main measure of inflation in the world's largest economy recently showed subdued inflationary pressures in the U.S., but the month-over-month index of consumer prices could see an increase by 0.1% from a reading of -0.2% in the previous month, while the Core CPI is expected to remain unchanged at 0.1% m/m. More in the US, TIC Long-Term Purchases measuring the difference in value… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
