Durable Goods Orders in the US and GfK Consumer Confidence in Europe are the main events today. Here is an outlook on the market-movers awaiting us In the US, Durable Goods Orders, by the US Census Bureau that measures manufacturers’ orders price of durable goods is about to reduce by 1% while the Core Durable Goods Orders (ex-Transportation) is forecasted to reduce by 0.4% now. Later in the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales is expected now to remain 7.8%. Finally in the US, EIA Crude Oil Stocks Change (Energy Information Administration), inventories and indicator of oil demand and rates. For more on USD/CAD, read the Canadian dollar forecast. In Europe, GfK Consumer Confidence based on a survey of consumers inquiring about economic activity a good indicator of economic strength 5.7 points is expected now. More in Europe, Jean-Claude Trichet, President of the European Central Bank is about to deliver a speech. For more on the Euro, read the EUR/USD forecast. In Great Britain, Gross Domestic Product (GDP), the broad measure of the UK economic activity, total value of all goods and services produced by the Eurozone. Is expected to be 1.5% on the yearly level and -0.5% on the quarterly. Later In Great Britain, Total Business Investment measuring the total quantity of capital expenses made by private businesses in the UK. 12.2% is expected now on the yearly report and 2.4% on the quarterly. More in Great Britain, BBA Mortgage Approvals (British Bankers’ Association), a leading gauge of UK Housing Market affecting overall economy condition is expected now to rise to 32.2K. Read more about the Pound in the GBP/USD forecast. In Australia, Consumer Inflation Expectation, measuring the consumer prospects of future inflation for the next 12 months. 3.5% is forecasted now. More in Australia, Construction Work Done, Australian key construction indicator to measure the work done by construction in the last month. 1.5% is likely now Finally in Australia, Conference Board Australia leading Index measuring upcoming trends of economic activity containing employment data, housing data and stock prices forecasting economic growth.0.6% is expected now. For more on the Aussie, read the AUD/USD forecast. In Japan, Masaaki Shirakawa, Band of Japan Governor is due to deliver a speech. More In Japan, Corporate Service Price Index, measuring prices of services bought by companies considered a major indicator of inflation, a rise of 0.2% is expected now. Finally in Japan 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 7 Signs that Endgame Nears in Greece Yohay Elam 12 years Durable Goods Orders in the US and GfK Consumer Confidence in Europe are the main events today. Here is an outlook on the market-movers awaiting us In the US, Durable Goods Orders, by the US Census Bureau that measures manufacturers' orders price of durable goods is about to reduce by 1% while the Core Durable Goods Orders (ex-Transportation) is forecasted to reduce by 0.4% now. Later in the US, MBA Mortgage Applications, weekly index measures home loan demand a leading indicator of home sales is expected now to remain 7.8%. Finally in the US, EIA Crude Oil Stocks Change… 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.
