US Core PCE is expected to remain 0.1%, US, Personal Income is about to grow by 0.2%, Revised UoM Consumer Sentiment is expected to rise and Canada’s Current Account deficit is expected to shrink this quarter. Let us see what awaits us today: In the US, Core Personal Consumption Expenditures Price Index released monthly, representing the change in consumers spending excluding seasonally volatile products such as food and energy is expected to remain 0.1%. Later in the US, Personal Income is about to grow by 0.2% from 0.3% in April while Personal Spending is expected to drop from 0.6% to 0.3% this month. More in the US, Chicago Purchasing Managers’ Index is expected to decrease by 1.6 points compared to 63.8 points in April. Finally in the US, Revised UoM Consumer Sentiment is expected to rise by 0.1 points compared to 73.3 points in the previous month which continues the overall improvement in the US economy and their Revised UoM Inflation Expectations is likely to stay around 3.1%. In Canada, Current Account deficit is expected to shrink this quarter by C$ 0.8B which is the lowest quarter since May 2009. For more on USD/CAD, read the Canadian dollar forecast. In Europe, German Import Prices are expected to drop this month by 0.2% compared to 1.7% in April keeping low inflation rates. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Switzerland, Swiss KOF Economic Barometer released monthly, is intending to continue its climb by 0.05 points reaching 2.04 points indicating economic growth. More in Switzerland, An increase of 0.16B CHF in the balance of trade surplus this month, from April’s 2.01B, giving boost to Swiss economy. 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 Forex Links for the Weekend Yohay Elam 13 years US Core PCE is expected to remain 0.1%, US, Personal Income is about to grow by 0.2%, Revised UoM Consumer Sentiment is expected to rise and Canada's Current Account deficit is expected to shrink this quarter. Let us see what awaits us today: In the US, Core Personal Consumption Expenditures Price Index released monthly, representing the change in consumers spending excluding seasonally volatile products such as food and energy is expected to remain 0.1%. Later in the US, Personal Income is about to grow by 0.2% from 0.3% in April while Personal Spending is expected to drop from 0.6% to… 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.
