In the UK Manufacturing Production are and Westpac Consumer Sentiment in Australia are the main events lined up. Let’s see what awaits us today.
In the US, National Federation of Independent Business (NFIB) Small Business Index, Monthly Small Businesses’ Survey to value the inventories and sales, inflation, earnings and wages and credit markets, rise up to 96.2 points is due from 94.4 points on the last time.
In Canada, Housing Starts, is due to drop down to 191K from 200K on June.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, The Economic and Financial Affairs Council (ECOFIN) Meetings, is the Eurozone’s biggest financial decisions making with 28 member states.
Later in Europe, French Industrial Production, value all the manufacturers, mines, and utilities output, -0.5% is expected now from 2.2% on the last month.
Later on in Europe, German Final Consumer Price Index (CPI) is likely to remain 0.1% with no change from the last time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Manufacturing Production, value the manufacturer’s output change over the last month, rise up to 0.5% is likely now from -0.2% on June.
Later in Great Britain, Trade Balance, shows the difference between imported and exported goods, -8.4B is due from -8.2B on the last time.
More in Great Britain, National Institute of Economic and Social Research (NIESR) Gross Domestic Product (GDP) Estimate, the estimated value of the economy production of all goods and services over the past 3 months, 0.6% is predicted similar to the last report.
Finally in Great Britain, Industrial Production, rise up to 0.3% is due from 0.1% on June.
Read more about the Pound in the GBP/USD forecast.
In Australia, Westpac Consumer Sentiment, Consumers’ Survey to rate the past and future financial conditions such as employment and climate for major purchases, 4.7% is due with no change from the last time.
Later in Australia, Guy Debelle, Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets) is due to speak in Sydney.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Monetary Policy Meeting Minutes, detailed record of the Bank of Japan (BOJ) Policy Board’s meeting, that provides insights on the financial and interest rates decisions.
Later in Japan, Tertiary Industry Activity, value the services purchased by businesses, rise up to 0.9% is due from June.
More in Japan, Corporate Goods Price Index (CGPI), a rise up to 1.2% is expected from 0.6% on the last month.
Finally in Japan, Consumer Confidence, rise up is calculated to 47.2 points from 45.7 points on the last month survey.
Read more about the yen in the USD/JPY forecast.
Trade well
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