Empire State Manufacturing Index in the US and Trade Balance in Europe are the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Net TIC Flows (Treasury International Capital) Long-Term Purchases-representing the balance of domestic and foreign investment and having significant market impact, a rise of 30.8 Billion is expected now. And the Total is due to remain 97.7 Billion. Later in the US, Empire State Manufacturing Index, this seasonally-adjusted regional economic indicator based on a survey of 175 manufacturing executives a reflective indicator of economic conditions, a reduce of 0.4 points is forecasted. More in the US, NAHB Housing Market Index includes sales of existing homes and future construction indicating the housing market conditions in the United States, 17 points is predicted in the current month. Also in the US, Ben Shalom Bernanke, The Fed Governor, is about to deliver a speech. Finally in the US, Dennis P. Lockhart, The Federal Reserve Bank of Atlanta President and Chief Executive Officer, is due to deliver a speech. In Canada, Manufacturing Shipment. Anticipates the growth / bearish of market demand (goods, unsold inventories), Is about to rise by 3.1%. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus while a negative one shows a trade deficit. 1.7 billion is forecasted now. More in Europe, CPI (Consumer price index) measures the cost of living by comparing basket of goods and services including volatile components, is likely to remain 1.4% on the monthly report and reduce by 0.1% in the yearly. Meantime Core CPI excluding two volatile components food and energy provides a stable figure at the cost of disregarding two important sectors in the economy; this index figure is expected to remain 1.5% on the yearly level. For more on the Euro, read the EUR/USD forecast. In Great Britain, Rightmove Housing Price Index (HPI), the UK monthly average houses prices with mortgage. Affects directly the GBP as positive (bullish) or negative (bearish). Is about to remain 0.1% on the monthly report and 1.7% on the yearly level. Read more about the Pound in the GBP/USD forecast. In Australia, Motor Vehicle Sales, measuring the total amount of vehicle sales in the Canada, indicator for the total financial climate, 1.9% is expected on the monthly report and 3.4% in the yearly. More in Australia, Home Loans measuring the home loans number and indicates the housing market trend and consumer confidence in Australia. High evaluation shows positive & low indicate negative for the AUD. -5.6% is expected. Later in Australia, Investment lending measuring the number of loaning to companies or single businesses, to show growth or bearish for the AUD, negative growth of -2.3% is expected now. For more on the Aussie, read the AUD/USD forecast. In Japan, Domestic Corporate Goods Price Index (DCGPI), measuring goods acquired by national corporates prices in Japan and Connected with the CPI. 0.6% is expected in the monthly report and 2% in the yearly level. More in Japan, Consumer Confidence index a leading indicator of economic health measuring the level of consumer confidence in economic activity. 38.6 points is forecasted. That’s it for today. 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 EUR/USD May 16 – Settles Lower as Clouds Darken Over Yohay Elam 11 years Empire State Manufacturing Index in the US and Trade Balance in Europe are the main highlight on today's outlook. Let's see what awaits us today. In the US, Net TIC Flows (Treasury International Capital) Long-Term Purchases-representing the balance of domestic and foreign investment and having significant market impact, a rise of 30.8 Billion is expected now. And the Total is due to remain 97.7 Billion. Later in the US, Empire State Manufacturing Index, this seasonally-adjusted regional economic indicator based on a survey of 175 manufacturing executives a reflective indicator of economic conditions, a reduce of 0.4 points is forecasted. 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