FOMC Minutes in the US and Unemployment Rate in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, FOMC Minutes (Federal Open Market Committee), 8 yearly meetings to evaluates financial, monetary conditions and how it affects the price growth. More in the US, James Bullard, President of Federal Reserve Bank of St. Louis is about to deliver a speech. Later the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales is expected now to remain 8.2%. Finally in the US, EIA Crude Oil Stocks Change (Energy Information Administration), inventories and indicator of oil demand and rates is expected now to 3.8 Million I forecasted. In Canada, Wholesale Sales, can affect the total inventory profile which can influence the GDP prediction. 0.6% rise is forecasted now. More in Canada, Leading Indicators, a composite index aimed to predict future trends in the US economy, is expected now to reduce by 0.2%. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Construction Output measuring the strength of the building industry and suggestions regarding investments made in this sector and high analysis is positive for the EUR. -0.7% is furcated now on the monthly report and 3.6% on the yearly. For more on the Euro, read the EUR/USD forecast. In Great Britain, Bank of England (BOE) Meeting Minutes releases the minutes from the last Monetary Policy Committee meeting where interest rate is set. The minutes provide the reasons leading to this decision. More in Great Britain, Unemployment Rate the percentage of people actively seeking employment and affects consumer spending an indicator of economic conditions 7.8% is expected to now. Read more about the Pound in the GBP/USD forecast. In Australia, Wage Price Index, issued by the Australian Bureau of Statistics measures changes in prices of finished products a good indicator of consumer inflation. A rise of 0.2% is expected on the monthly level and 0.2% on the quarterly. For more on the Aussie, read the AUD/USD forecast. 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 USD/JPY: Trading the Japan GDP May 2011 Yohay Elam 12 years FOMC Minutes in the US and Unemployment Rate in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, FOMC Minutes (Federal Open Market Committee), 8 yearly meetings to evaluates financial, monetary conditions and how it affects the price growth. More in the US, James Bullard, President of Federal Reserve Bank of St. Louis is about to deliver a speech. Later the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales is expected now to remain 8.2%. Finally in the US, EIA Crude Oil… 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.
