Trade Balance in the US and Official Bank Rate in the UK are the major events this day. Here is an outlook on the market-movers awaiting us.
In the US, Unemployment Claims, important sign of overall financial health that measures the unemployment insurance filed on the last week, rise is expected from 397K up to 401K this week
More in the US, Trade Balance, monthly indicator to value the difference in between imported and exported goods and services, additional decreases is forecasted from -45.6B on October down to -46.1B now.
Later in the US, Federal Budget Balance, the value between government’s spending and income on the passing month, further reduce is expected from -64.6B on October down to -110.3B this time.
Later on in the US, Import Prices, no change in the imported goods prices is expected and 0.3% due to remain like on the previous time.
Furthermore in the US, Charles Evans, Federal Reserve Bank of Chicago President is about to speech in Chicago.
Additional in the US, Ben Bernanke, Federal Reserve Chairman, is about to lecture in EL Paso.
Finally in the US, Janet Yellen, Federal Reserve Governor is due to speak in Chicago.
In Canada, Trade Balance, value the difference between exported and imported goods on the past month, about to rise from -0.6B on October to -0.5B now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, European Central Bank (ECB) Monthly Bulletin, discloses the ECB Governing Board numerical data regarding the latest interest rate decision, and shows information on present and upcoming financial bank’s viewpoint on financial conditions.
More in Europe, French Industrial Production, value the manufacturers output, predicted to reduce from 0.5% on October down to -0.6% this time.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Monetary Policy Committee (MPC) Rate Statement, the main MPC tool to connect with investors regarding monetary policy and foreseen the interest rates outcome.
More in Great Britain, Official Bank Rate, BOE Interest rate for other banks, no change is expected this month and 2.5% is due to remain.
Finally in Great Britain, Asset Purchase Facility, measure the value of money that the BOE uses for acquisition possessions in the open market, due to remain 275B.
Read more about the Pound in the GBP/USD forecast.
In Australia, Employment Change, measures the employed people over the last month, reduce of 10.3K is predicted this time down to 10.1K.
More in Australia, Unemployment Rate, value the all unemployed work force in percentage that are looking for jobs on the last month, about to rise by 0.1% from October up to 5.3%.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Real Estate Institute of New Zealand (REINZ) House Price Index (HPI), value the selling price change of households, due to remain 1.7% this time.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Tertiary Industry Activity, measures the businesses’ services, about to further reduce down to -0.4%.
Read more about the yen in the USD/JPY forecast.
That’s it for today.
Happy forex trading!Get the 5 most predictable currency pairs