Many important figures are released today: British CPI,  German ZEW Economic Sentiment, US Building Permits and Japanese Prelim GDP form a big load of data to shake the forex markets. And there’s more… Australia’s  Monetary Policy Meeting Minutes starts the day. After Glenn Stevens’ speech, this will be another insight on the RBA’s view of the strong Australian economy. The AUD/USD will move strongly during the Asian session. In Japan, the  Revised Industrial Production is predicted to stay at a rise of 1.6%. In Britain,  CPI is still expected to be normal, with an annually adjusted rise of 2.4%. A higher value will send GBP/USD upwards.  Core CPI is expected to stay stable, at 1.7%, and RPI (Retail Price Index) is expected to drop by 1.2% in the UK. In Europe,  German ZEW Economic Sentiment is a highly regarded figure, and it’s expected to rise to 20 points, from 13. Last week’s figures from Europe were bad, so this figure could be worse. Also note the all-European  ZEW Economic Sentiment which bis predicted to show a rise from 11.8 to 14.3. In the US,  Building Permits are expected to stay stable at 0.53 million, and Housing Starts are predicted to rise slightly, from 0.51M to 0.52M. American housing is now stable, off the bottom, but the road to recovery is still narrow. In Canada,  BOC Deputy Governor John Murray will speak at a conference in  Philadelphia. This is the first event for the loonie in this important week for USD/CAD. Just before midnight GMT, Japan will publish the  Prelim GDP for the first quarter of 2009. The Japanese economy has shown great weakness – the first quarter will show a contraction of 4.2%. Also note the  Prelim GDP Price Index in the land of the rising sun. 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 GBP/USD Broke Resistance – MPC Meeting Minutes Next Yohay Elam 13 years Many important figures are released today: British CPI,  German ZEW Economic Sentiment, US Building Permits and Japanese Prelim GDP form a big load of data to shake the forex markets. And there's more... Australia's  Monetary Policy Meeting Minutes starts the day. After Glenn Stevens' speech, this will be another insight on the RBA's view of the strong Australian economy. The AUD/USD will move strongly during the Asian session. In Japan, the  Revised Industrial Production is predicted to stay at a rise of 1.6%. In Britain,  CPI is still expected to be normal, with an annually adjusted rise of 2.4%. A… 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.