Another month comes to end. This time it’s with a bang! American Advance GDP for the second quarter is causing anxiety all over the globe. Also watch out for the Canadian GDP and other figures. Let’s see what’s up or today. Australian Private Sector Credit is expected to rise by 0.1% after falling by 0.1%. AUD/USD got many figures this week… In Europe, CPI Flash Estimate isn’t predicted to bring a smile upon European economists’ faces. Prices are expected to fall by 0.4% (annually adjusted). Deflation is strong. The all-European Unemployment Rate will also be published today, and is expected to rise from 9.5% to 9.7%. This will put pressure on Jean-Claude Trichet and the ECB. Swiss KOF Economic Barometer is an important gauge for the economy. It’s predicted to rise from -1.65 to 1.46 points. At 12:30 GMT, American Advance GDP is predicted to fall by “only” 1.3%. After last quarter’s big contraction figure of 5.5%, this is optimistic. Barack Obama expressed optimism in a speech this week. Does he know something that we don’t know? The accompanying figures to the GDP are Advance GDP Price Index and the Employment Cost Index which are both predicted to rise. At the same time, Canadian monthly GDP is published. Here, the fluctuations are smaller. Canadian Gross Domestic Product is predicted to squeeze by 0.4%. Watch out for erratic shakes on USD/CAD at this time. For more on the loonie, check out the Canadian Dollar Outlook. The last figure for the month is the Chicago PMI, predicted to rise above 40 points, to 42.1. May your pips prosper! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Friday Effect Hurts Dollar but Doesn’t Break Any Levels Yohay Elam 13 years Another month comes to end. This time it's with a bang! American Advance GDP for the second quarter is causing anxiety all over the globe. Also watch out for the Canadian GDP and other figures. Let's see what's up or today. Australian Private Sector Credit is expected to rise by 0.1% after falling by 0.1%. AUD/USD got many figures this week... In Europe, CPI Flash Estimate isn't predicted to bring a smile upon European economists' faces. Prices are expected to fall by 0.4% (annually adjusted). Deflation is strong. The all-European Unemployment Rate will also be published today, and is expected… 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.
