Retail Sales in Canada and Flash Manufacturing PMI in Europe are the main events lined up. Let’s see what awaits us today.
In the US, House Price Index (HPI), leading consumer spending indicator to value the total retail sales level, rise of 0.2% from June is likely up to 0.9%.
Later in the US, Richmond Manufacturing Index, Manufacturers` Monthly Survey in the Richmond area to rate the business conditions like shipments, new orders, and employment, 7 points are due now from 8 points on June.
In Canada, Retail Sales Value the total sales at the retail level, 0.4% is due from 0.1% on the last month. And on the Core Retail Sales (excluding cars), rise of 0.4% is due from June up to 0.1% now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Flash Manufacturing Purchasing Managers’ Index (PMI), Monthly Survey to rate the business conditions such as employment, new orders, prices, and inventories, in French report rise to 48.9 points is likely from 48.4 points. And on the German report 49.3 points is due from 48.6 points on June.
Later in Europe, Flash Services Purchasing Managers’ Index (PMI), Monthly Survey to rate the business conditions like production, prices, and supplier deliveries, in the French report 47.7 points are expected from 47.2. And on the German report rise of 0.5 points is due up to 50.9 points now.
Later on in Europe, Consumer Confidence is likely this month with -18 from -19 on the last time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, British Bankers’ Association (BBA Mortgage Approvals, housing market demand indicator to value the new BBA`s approved mortgages, rise from 36.1K on June is calculated up to 38.5K now.
Read more about the Pound in the GBP/USD forecast.
In Australia, Consumer Price Index (CPI), the consumers` price change of goods and services, rise up to .5% from 0.4% on the last quarter is due. Similar rise is predicted on the Trimmed Mean CPI, up to 0.5% now from 0.3% on the previous quarter.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Trade Balance, value the difference between imported and exported goods, -102M is forecasted now from 71M during the reported month.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Trade Balance, measures the difference between imported and exported goods on the past month, -0.58T is expected now from -0.82T on June.
Read more about the yen in the USD/JPY forecast.
Trade well23
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