New Home Sales in the US and Flash Manufacturing PMI in Europe are the main events lined up. Let’s see what awaits us today.
In the US, New Home Sales, monthly report to analyze the annually sold new single-family homes, rise up to 419K is due from 411K on March.
Later in the US, Flash Manufacturing Purchasing Managers’ Index (PMI), Survey to rate the business conditions like employment, production, prices and inventories, drop down to 54.3 points is due from 54.6 points on the last time.
In Canada, Retail Sales, value all the sales at the retail level, rise by 0.2% is likely up to 0.3% now, while on the Core Retail Sales (without cars), 0.5% is expected with no change from the last month.
Later in Canada, Mark Carney; Bank of Canada Governor (BOC) is due to testify in Ottawa.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Flash Services Purchasing Managers’ Index (PMI), Survey to value the business conditions such as production, prices, supplier deliveries and inventories, rise up to 46.7 points from 46.4 points on the last report is forecasted, on the French Flash Services PMI 42.3 points is due now from 41.3 points on the last time, and on the German Flash Services PMI 51.1 points is calculated now from 50.9 points on March.
Later in Europe, Flash Manufacturing Purchasing Managers’ Index (PMI), Monthly Survey to show the business conditions like employment, new orders, supplier deliveries and inventories, 46.8 points are due to remain similar to the last report, on the German Flash Manufacturing PMI 49.0 points are expected with no change from the last month, and on the French Flash Manufacturing PMI 44.2 points now from 44.0 points on March.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Confederation of British Industry (CBI) Industrial Order Expectations, 3 Months manufacturers survey to rate the order volume expected, -14 Points are due now from -15 points on March.
Later in Great Britain, Public Sector Net Borrowing value the difference between spending and income for public corporations, central and local government over the last month, budget deficit is due with rise up to 13.9B from 4.4B on March.
Read more about the Pound in the GBP/USD forecast.
In Australia, Consumer Price Index (CPI), value the consumer’s price change of goods and services, rise up to 0.7% is due now from 0.2% on the last time. While on the Trimmed Mean CPI reduce of 0.1% is due down to 0.5% from March.
Later in Australia, Philip Lowe, Reserve Bank of Australia (RBA) Deputy Governor is due to deliver a speech in Shanghai.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Reserve Bank of New Zealand (RBNZ) Rate Statement, the primary tool used by the RBNZ to communicate on monetary policy with investors, and discusses the economic outcome of future decisions. While on the Official Cash Rate 2.50% is likely with no change from the last time.
For more about the kiwi, see the NZD/USD forecast.