UK Pending Home Sales and Current Account in the UK are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly indicator to value the unemployment insurance on this week, drop down is due to 347K from 354K on the previous report.
Later in the US, Pending Home Sales, value the homes under contract that are due to be sold and still before the closing transaction (not including new building), 1.1% is likely now from 0.3% on May.
More in the US, Personal Spending, value of all consumers’ expenditures, rise up to 0.3% is due from -0.2% on the previous month.
Moreover in the US, Core Personal Consumption Expenditures (PCE) Price Index, the consumers’ price change of goods and services (without food and energy), rise up to 0.1% from May is due now.
Also in the US, William Dudley, Federal Reserve Bank of New York President is due to speak in New York.
Finally in the US, Jerome Powell, Federal Reserve Governor is likely to speak in Washington DC.
In Europe, European Union (EU) Economic Summit (Day 1) is due now.
Later in Europe, M3 Money Supply shows all the quantity of domestic currency that is circulated and deposited in banks; 2.9% is due now from 3.2% on the last Month.
Later on in Europe, German Retail Sales, value all the sales at the retail level (exclusive of cars and gas stations), rise of 0.8% is calculated now up to 0.4%.
More in Europe, Nationwide House Price Index (HPI), the selling price change of homes with mortgages backed by Nationwide, 0.4% is due similar to the last report.
Finally in Europe, French Consumer Spending value all goods expenditures by consumers, rise of 0.3% is due now from May.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Current Account values the difference between imported and exported goods, services and so on; -11.9B is predicted now from -14.0B on the last quarter.
Later in Great Britain, Final Gross Domestic Product (GDP) the broadest economic activity measurement to value all goods and services produced by the economy, 0.3% is due to remain similar to the last quarter.
Read more about the Pound in the GBP/USD forecast.
In Australia, Private Sector Credit, shows the total value of new consumers & businesses credit that was issued, 0.3% is due now with no change from May.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Household Spending value all expenditures by consumers 1.5% is likely similar to the last time.
Later in Japan, Tokyo Core Consumer Price Index (CPI), the consumers’ price change in Tokyo of goods and services (not including fresh food), rise of 0.1% from May is due up to 0.2%.
More in Japan, Prelim Industrial Production, measure the total value of output produced by manufacturers, mines, and utilities, rise up to 0.2% is calculated this month from 1.7% on May.
Finally in Japan, Retail Sales, the total sales at the retail level, rise up to 0.1% is forecasted now from -0.2% on the previous report.
Read more about the yen in the USD/JPY forecast.
Trade well