Consumer confidence, Chicago PMI in the US, employment and inflation in the Euro-zone and a rate decision in Canada are the main events lined up in this busy day. Let’s see what awaits us today. In the US, Chicago Purchasing Managers Index – Monthly release measuring business conditions purchasing managers from Illinois, Indiana and Michigan. An early indicator of ISM 63 points are expected now and indicates expansion. More in the US, Consumer Confidence a leading indicator of economic health measuring the level of consumer confidence in economic activity. positive for the USD with 66 points. Finally in the US, S&P/Case-Shiller Home Price Index (HPI), measuring process of residential housing in the US indicating trends in prices and mortgages, -3.4% is predicted now. In Canada, BoC Interest Rate announced by the Bank of Canada, it affects the exchange rate and it’s about to remain positive for the USD with 1%. More in Canada, Raw Material Price Index that is Measuring Canadian manufacturer’s prices for raw materials, and can affect the inflation rates, is about to reduce to 4.2% drop of 1.5% from the last report. Finally in Canada, Industrial Product Price, Measures changes of output in mining, manufacturing, construction and energy sectors in Canada a strong indicator of industrial conditions. 0.7% is expected now. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Unemployment Rate the percentage of people actively seeking employment and affects consumer spending an indicator of economic conditions is expected to be 9.9% in Eurupe and 7% in Germany While the Unemployment Change that measuring the change in the number of unemployed people is expected to be -30K. More in Europe, Consumer Price Index (CPI) measures the cost of living by comparing basket of goods and services including volatile components, is likely to be 2.8%. For more on the Euro, read the EUR/USD forecast. In Switzerland, Gross Domestic Product (GDP), the broad measure of the Eurozone, total value of all goods and services produced by the Eurozone. Is expected to be 3% on the yearly report and 0.7% quaintly. More in Switzerland, UBS Consumption Indicator measuring consumer spending using five specific indicators and an indicator of economic strength is likely to be 1.6%. In Australia, Private Sector Credit amount of loans released by the Reserve Bank of Australia and moves the economic growth. 0.5% is expected on the monthly report and 3.8% on the yearly. More in Australia, Building Permits, measuring the number of licenses for new building projects indicating future trends in the construction sector -1.8% is expected on the monthly report and -12.7% on the yearly. Later in Australia, Current Account, net flow of current businesses, services, goods and interest costs in Germany a rise of 2.7% is expected now. Finally in Australia, AiG Performance of Mfg Index, monthly survey of 200 manufacturers to measure business situation.by the Australian Industry Group, the Australian Industry Group islikly to be 48.4 points. For more on the Aussie, read the AUD/USD forecast. In New Zealand, Trade Balance, measuring the difference between the value of import and export. A positive figure indicated a trade surplus while a negative one shows a trade deficit. Is about to rise by 22 million to 600 million. While the Terms of Trade Index is due to be 3%. In Japan, Nomura/ JMMA Manufacturing Puchasing Manager Index, based on a survey of manufacturers regarding trends in their business activities and growth a major indicator of business condition45.7 points are expected now. More in Japan, Unemployment Rate the percentage of people actively seeking employment and affects consumer spending an indicator of economic conditions rise of 0.1% to 4.7% is expected now. Later in Japan, Industrial Production, Measures changes of output in mining, manufacturing, construction and energy sectors in Germany a strong indicator of industrial conditions. A rise of 17.7% on the monthly report and of 0.7% on the yearly is expected now. Also in Japan, Housing Starts, by the Canadian Mortgage and Housing Corporation that measures the amount of new buildings or homes that were built. Reduce of 1.5% is expected now, and reduce of 0.102 million is expected on the Annualized Housing Starts Finally in Japan Labor Cash Earnings Indicator increasing trend in earnings is inflationary for the Japanese economy. Rise of 0.2% but still bearish for the yen with -0.2% 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/CHF Bounces Off Lows on Weak GDP Yohay Elam 11 years Consumer confidence, Chicago PMI in the US, employment and inflation in the Euro-zone and a rate decision in Canada are the main events lined up in this busy day. Let's see what awaits us today. In the US, Chicago Purchasing Managers Index - Monthly release measuring business conditions purchasing managers from Illinois, Indiana and Michigan. An early indicator of ISM 63 points are expected now and indicates expansion. More in the US, Consumer Confidence a leading indicator of economic health measuring the level of consumer confidence in economic activity. positive for the USD with 66 points. 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