The economic calendar is fully packed on Tuesday: PMI data from Europe, price information from Britain and many major speeches fill this day. Take a deep breath… As the day starts in Greenwich, Japanese Monetary Policy Meeting Minutes will be published. After the Swiss and American moves to devalue their currencies, do the heads of BOJ also think of doing it? Europe provides lots of data: French Consumer Spending is expected to fall by 1.1%, after last month’s rise of 1.8%. At 8:00 GMT, PMI data will flood from Europe: first French Flash Manufacturing PMI (35) and French Flash Services PMI (40.2). At 8:30 GMT, Germany will also provide these figures: Manufacturing PMI is expected to stand at 32.1 and Services PMI at 41.2. At 9:00, European Current Account will be published and is expected to show a deficit of 6.7 billion. At the same time PMI figures will be published for the whole of Europe: Flash Manufacturing PMI is expected to stay unchanged, at 33.5, while Flash Services PMI is expected to stand at 39.2. After all these figures from Europe, it’s Britain turn: British CPI is predicted to rise by 2.6% (annually adjusted). A lower figure won’t be a big surprise. Core CPI is expected to show a smaller rise – of 1.3%. Another interesting figure from the UK is BBA Mortgage Approvals which is predicted to stand at 22.3K. Also the Inflation Report Hearings will also be listened to by traders of the cable. In the US, Federal Reserve Bank of Chicago President Charles Evans will talk and might relate to the FOMC’s sharp move to print money. This will be a warm up for Ben Bernanke’s testament. . This is a chance to explain the sharp move to print money. Traders will pay attention to this important event. Also in the US: HPI is expected to be negative, falling by 0.7%. Richmond Manufacturing Index is expected to stay stable, at -52. And the speeches aren’t over. There are three important speeches: BOE Governor Mervyn King is testifying before the House of Lords. SNB Governing Board Chairman Jean-Pierre Roth will also talk and might move the USD/CHF. And in Britain, External BOE MPC Member David Blanchflower will talk about the economy. And just before the end of the day, Japanese Trade Balance will be published. Expectations are for a deficit of 0.28 trillion. Happy Forex Trading! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Aussie Settling Above 0.7000 Yohay Elam 14 years The economic calendar is fully packed on Tuesday: PMI data from Europe, price information from Britain and many major speeches fill this day. Take a deep breath... As the day starts in Greenwich, Japanese Monetary Policy Meeting Minutes will be published. After the Swiss and American moves to devalue their currencies, do the heads of BOJ also think of doing it? Europe provides lots of data: French Consumer Spending is expected to fall by 1.1%, after last month's rise of 1.8%. At 8:00 GMT, PMI data will flood from Europe: first French Flash Manufacturing PMI (35) and French Flash Services… 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.