CPI in the US and Manufacturing Sales in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI) measuring the price of living, shows the difference between basket of goods and services with volatile components, reduced to 0.4% on May and further reduce to 0.2% is expected now. Meanwhile Core CPI without two volatile components energy and food provides a stable cost by disregarding two important sectors in the economy, raised to 0.2% in May and is expected to remain the same this time. Later in the US, TIC Long-Term Purchases, measuring the Difference price between long-term securities acquired by US populations verses the one purchased by foreigners, on May it drooped down to 24.8 billion and now is expected to rise to 45.3 billion. More in the US, Empire State Manufacturing Index, financial indicator by a survey of 200 manufacturing managers to reflect on the economic conditions, decreased in May to 11.9 point and now a small rise back to 13 points is expected. Moreover in the US, Capacity Utilization Rate, Percentage of open resources being used by manufacturers, mines, and services; drooped down in May to 76.9% and now a rise back to 77.1% is expected. Also in the US, Industrial Production, Measuring the mining output changes, manufacturing, building and energy divisions in the US, on May decreased by 0.5% and now a rise back to 0.3% is expected. Finally in the US, Crude Oil Inventories indicator of oil demand and its price over the last week, -4.8 million was noted on the previous week, and a rise to 0.9 million is expected now. In Canada, Manufacturing Sales, measuring the sales total value made by the manufacturers, significantly raised on May to 1.9%, but this time is expected to drop down back to -1.7%. Finally in Canada, Mark Carney, Bank of Canada Governor is about to deliver a speech. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Industrial Production, Measures the changes of output in mining, industrial, building and energy sectors, on May reduced to -0.1% and a small chance is expected this time. For more on the Euro, read the Euro to dollar forecast. In Great Britain, Mervyn King Bank of England Governor is about to deliver a speech in London. More in Great Britain, Claimant Count Change, measuring the number of people claiming Jobless-related profits, a rise to 12.4K was noted last month and now 7.1K is expected. Finally in Great Britain, Average Earnings Index, measuring the cost that industries and the government wage for labor with bonuses, on may a small rise to 2.3% was noted and now a small decrees to 2.1$ is forecasted. Read more about the Pound in the GBP/USD forecast. In Switzerland, Producer Price Index (PPI), it is issued by the Australian Bureau of Statistics and measuring the cost changes in prices complete products, dropped to 0.3% on May and further reduced to 0.1% is expected now. Read more about the Swiss franc in the USD/CHF forecast. In Australia, Glenn Stevens Reserve Bank of Australia Governor is about to deliver a speech In Brisbane More in Australia, Westpac Consumer Sentiment, shows the diffusion level based on survey of 1200 buyers, reduced to -1.3% on May and should remain the same this time. Finally in Australia, MI Leading Index, shows according to 9 financial indicators the level of a multiple index, stabilized on 0.5% on May and expected to remain the same this time as well. For more on the Aussie, read the AUD/USD forecast. In New Zealand, Westpac Consumer Sentiment, measuring the diffusion index level according to survey of 1500 buyers, dropped to 97.9 points on May and a small change is expected this time. For more about the kiwi, see the NZD/USD forecast. In Japan, Bank of Japan Monthly Report, measuring the risks to stability value, and also offers wide range studies on the BOJ, Read more about the yen in the USD/JPY forecast. Happy forex trading 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 Daily Look share Read Next Euro Forming A Higher Corrective Pull-back; Now Threatening 1.4500 Gregor Horvat 12 years CPI in the US and Manufacturing Sales in Canada are the main events today. Here is an outlook on the market-movers awaiting us In the US, Consumer Price Index (CPI) measuring the price of living, shows the difference between basket of goods and services with volatile components, reduced to 0.4% on May and further reduce to 0.2% is expected now. Meanwhile Core CPI without two volatile components energy and food provides a stable cost by disregarding two important sectors in the economy, raised to 0.2% in May and is expected to remain the same this time. 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