US Building Permits and PPI are released, Federal Reserve Chairman Ben Bernanke speaks in New York and Capacity Utilization Rate is expected to grow. Let’s see what’s awaiting us today. In the US, Building Permits expected to rise this month by 20,000 units following the unpredicted drop to 0.61M in the previous month while Housing Starts anticipated to drop by 20,000 reaching 0.65M. Later in the US, Producer Price Index predicted to decrease from -0.1% to -0.5% and Core PPI also expected to drop from 0.2% to 0.1% ensuring low inflation rates. More in the US, Federal Reserve Chairman Ben Bernanke speaks about “Financial Reform” at the Conference on the “The Squam Lake Report: Fixing the Financial System,” in New York. This can affect the currency. Finally in the US, Capacity Utilization Rate expected to continue its consistent growth reaching 74.6% which may affect inflation rates in case of additional increase, Industrial Production is also expected to climb to 0.9% following the positive rise from previous month and Crude Oil Inventories predicted to increase by 0.3M from -1.8M in May. In Canada, BOC Governor Mark Carney speaks at the Area Chamber of Commerce, in Charlottetown. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Consumer Price Index is expected to remain 1.6% as in May and the Core CPI is also anticipated to maintain 0.8%. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Great Britain, BOE Governor Mervyn King speaks at the Mansion House, in London and may affect the currency. More in Great Britain, Claimant Count Change measuring the change in the number of people claiming unemployment-related benefits during the previous month is expected to drop -23.2K which is 3,900 higher than the previous month. Later in Great Britain, Average Earnings Index representing 3-month moving average expected to rise by 0.4% since May 4.0% indicating a rise in consumer inflation. Read more about the Pound in the GBP/USD forecast. In Switzerland, ZEW Economic Expectations a survey rating relative 6-month economic outlook for Switzerland is expected to remain around 40.5 points. In Australia, MI Leading Index is hoped to maintain the rating of 0.9% as in the previous month. For more on the Aussie, read the AUD/USD forecast. In Japan, Bank of Japan Monthly Report is issued may affect interest rates and provide information regarding future monetary policy. 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 Daily Look share Read Next 3 Psychological Tendencies That Cripple Traders And How To Yohay Elam 13 years US Building Permits and PPI are released, Federal Reserve Chairman Ben Bernanke speaks in New York and Capacity Utilization Rate is expected to grow. Let's see what's awaiting us today. In the US, Building Permits expected to rise this month by 20,000 units following the unpredicted drop to 0.61M in the previous month while Housing Starts anticipated to drop by 20,000 reaching 0.65M. Later in the US, Producer Price Index predicted to decrease from -0.1% to -0.5% and Core PPI also expected to drop from 0.2% to 0.1% ensuring low inflation rates. More in the US, Federal Reserve Chairman Ben… 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.
