Starting the week with interesting news with New Home Sales in the US, PPI in Australia, and Trade Balance in Japan. Let’s see what awaits us today. In the US, the Annualized number of new single-family homes that were sold during the previous month increased by 17K. It’s a leading indicator of economic health with a wide-reaching ripple effect. In Australia, Producer Price Index (PPI), monthly report that measures the change in the price of finished goods and services sold by producers increased by 0.5%. It’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer. For more on the Aussie, read the AUD/USD forecast. In Japan, Adjusted Merchandise Trade Balance increased by 0.12T, the monthly report that measures the difference in value between imported and exported goods during the reported month. Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation’s exports. Export demand also impacts production and prices at domestic manufacturers. More in Japan, Corporate Services Price Index (CSPI) deceits by 0.1% monthly report that measures the change in the price of services purchased by corporations. It’s a leading indicator of consumer inflation – when corporations pay more for services the higher costs are usually passed on to the consumer. 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Daily Look share Read Next Forex Daily Outlook – July 27 2010 Anat Dror 11 years Starting the week with interesting news with New Home Sales in the US, PPI in Australia, and Trade Balance in Japan. Let's see what awaits us today. In the US, the Annualized number of new single-family homes that were sold during the previous month increased by 17K. It's a leading indicator of economic health with a wide-reaching ripple effect. In Australia, Producer Price Index (PPI), monthly report that measures the change in the price of finished goods and services sold by producers increased by 0.5%. It's a leading indicator of consumer inflation - when producers charge more for goods and… Top 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.
