Unemployment Claims in the US and Building Approvals in Australia are the major market-movers. Let see what awaits us today.
in the US, Unemployment Claims, weekly indicator for the number of individuals that has filed for unemployment insurance on the first time, about to reduce by 1K down to 369K.
More in the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, the monthly estimated change of employed people (exclusive of the farming industry and government), is about to rise up by 20K up to 139K from April.
Moreover in the US, Prelim Gross Domestic Product (GDP); quarterly report to annualized the change in all economy’s goods and services, reduce is likely from 2.2% down to 1.9%.
Later In the US, Sandra Pianalto, Federal Reserve Bank of Cleveland President is due to speak in Cleveland.
Also in the US, Chicago Purchasing Managers’ Index (PMI); Monthly Survey of Chicago’s managers level of business conditions such as production, prices, supplier deliveries and so on, raise of 0.6 points is projected up to 56.8 points now.
Finally in the US, Crude Oil Inventories, weekly report to vale the crude oil barrels that are held in commercial firm’s inventory, no change is expected from the last week and 0.9M is predicted.
In Canada, Current Account, value the difference between imported and exported goods, services, investment income, and so on the past quarter; rise from -10.3B up to -11.1B is calculated now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Irish Stability Treaty Vote, Ireland’s vote to reject the European Union’s Stability Treaty.
Also in Europe, German Retail Sales, value the total sales at the retail level (now including cars and gas stations), rise of 0.4% is likely up to 0.2% from April.
Later in Europe, French Consumer Spending, Measures all goods expenditures by consumers; rise of 2.6% is expected up to 0.3% now.
Later on in Europe, German Unemployment Change, monthly indicator to measure the number of unemployed people, is due to reduce from 19K on April down to -7K this time.
Finally in Europe, Consumer Price Index (CPI) Flash Estimate, the consumer’s price change for goods and services, declares of 0.1% is forecasted down to 2.5%.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Nationwide House Price Index (HPI); Value the selling price of homes that are with Nationwide mortgages, due to rise up by 0.2% from the last monthly report.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Gross Domestic Product (GDP); quarterly the broadest measure of the economic activity is due to reduce by 0.1%.
Later In Switzerland, Jean-Pierre Danthine, Swiss National Bank (SNB) Governing Board Vice-Chairman, is about to speak in Geneva.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Building Approvals, the number of new building approvals that were issued on the last month, is about to reduce from 7.4% on April down to 0.7% now.
Later in Australia, Private Capital Expenditure, Monthly measure to show the new capital expenditures made by private businesses; rise is likely from -0.3% on the last quarter up to 4.1% now.
Finally in Australia, Private Sector Credit, the consumers and businesses new credit issued, likely to reduce by 0.1% down to 0.3%.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, NBNZ Business Confidence, Monthly Survey to value the relative 12-month financial outlook, is about to remain 35.8 points similar to the last time.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Average Cash Earnings shows the employment income that was collected by workers on the last month, due to drop down by 0.2% to 1.1% this time.
More in Japan, Capital Spending, the total value of new capital expenditures that were made by businesses on the last quarter, reduce of 6.3% is forecasted down to 1.3%.
Read more about the yen in the USD/JPY forecast.
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