Unemployment Claims in the US and BOE Gov King Speaks in the UK are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, Measures the filed unemployment insurance over the last week for the first time, no change is likely and 377K is about to remain.
Later in the US, Consumer Price Index (CPI), Value the consumer’s price change for goods and services due to reduce down to -0.2%. While on the Core CPI (without food and energy) 0.2% is about to stay similar to the last report.
Finally in the US, Current Account, Quarterly indicator to value the difference between imported and exported goods, service and so on, further reduce is estimated from -124B on the last time to -132B now.
In Canada, New Housing Price Index (NHPI); measures the new home’s selling price, rise of 0.1% is likely up to 0.4% now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Consumer Price Index (CPI), value the consumer’s price change for goods and service over the last month, no change is estimated and 2.4% is likely to remain. Similar is forecasted in the Core CPI (no including tobacco, food, energy and alcohol) with 1.6% similar to the last month.
Also in Europe, European Central Bank (ECB) Monthly Bulletin, the ECB Governing Board evaluation concerning the latest interest rate decision, and shows the detailed analysis of current and future financial bank’s viewpoint conditions.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Mervyn King Bank of England (BOE) Governor is due to speak in London.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, SNB Monetary Policy Assessment, main tool that the SNB Governing Board uses to communicate with investors about financial policy. It also, it projects the monetary outlook and outcome of future rate decisions. Followed by SNB Press Conference and no change is likely on the Libor Rate and 0.25% is due to remain.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Melbourne Institute (MI) Inflation Expectations, the consumer’s expect price change by percentage for goods and services on the next 12 months, 3.1% is forecasted similar to the last report.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Alan Bollard, Reserve Bank of New Zealand (RBNZ) Governor is due to speak in Wellington.
For more about the kiwi, see the NZD/USD forecast.
Trade well