US CPI is expected to rise, the US, Federal Open Market Committee Meeting Minutes is released and Canada’s Wholesale Sales are also on the rise.Let’s see what awaits us today. In the US, unlike the decrease of PPI index yesterday the CPI is expected to rise from 0.1% to 0.2% as well as the Core CPI which is foreseen to increase by 0.1% from 0.0% last month. Later in the US, Federal Open Market Committee Meeting Minutes is released with a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the economic conditions. This affects interest rates. Also in the US, Crude Oil Inventories is expected a sharp drop from 1.9M last month to 0.6M which should affect inflation rates. Finally in the US, Mortgage Delinquencies released quarterly, showing the number of mortgages delinquent with foreclosures is supposed to remain 9.47%. In Canada, continuing the positive news from Canada, Wholesale Sales are expected to edge up from -1.2% to 0.3% indicating an increase in consumer’s spending. For more on USD/CAD, read the Canadian dollar forecast. In Europe, ECB President Jean-Claude Trichet speaks at the ceremony laying the foundation stone of the New ECB Premises, in Frankfurt. Will affect the Euro currency and provide clues for future monetary policy. Later in Europe, Deutsche Bundesbank President Axel Weber speaks about the G20 agenda on financial regulation, in Berlin which will affect currency rates. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Great Britain, MPC Meeting Minutes voted 9-0 to maintain rates the same vote of past months. More in Great Britain, Chancellor of the Exchequer George Osborne speaks at the CBI Annual Dinner, in London used to signal policy shifts to the public and foreign governments. Read more about the Pound in the GBP/USD forecast. In Australia, RBA Assistant Governor (Economics) Dr. Malcolm Edey speaks at the Australian Retail Deposits Conference, in Sydney. Will affect the Euro currency and provide clues for future monetary policy. More in Australia, Westpac Consumer Sentiment is expected to remain around -0.1% as in the previous month. Later in Australia, Wage Price Index is expected to move up from 0.6% to 0.9% which is bound to affect inflation rates. For more on the Aussie, read the AUD/USD forecast. In Japan, Prelim GDP measuring the change in the inflation-adjusted value of all goods and services produced by the economy is expected to rise from 0.9% to 1.4% indicating a healthy market activity while the Prelim GDP Price Index measuring the change in the price of all goods and services included in GDP is about to decrease from -2.8% to -2.9% indicating low inflation rates. More in Japan, Revised Industrial Production is expected to rise from 0.3% to 0.4%, 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 7 Notes for Forex Hedging Yohay Elam 12 years US CPI is expected to rise, the US, Federal Open Market Committee Meeting Minutes is released and Canada's Wholesale Sales are also on the rise.Let's see what awaits us today. In the US, unlike the decrease of PPI index yesterday the CPI is expected to rise from 0.1% to 0.2% as well as the Core CPI which is foreseen to increase by 0.1% from 0.0% last month. Later in the US, Federal Open Market Committee Meeting Minutes is released with a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic conditions. This affects interest rates.… 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.
