Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today.
In the US, Ben Bernanke, Federal Reserve Chairman, is due to speak in Atlanta.
Later in the US, Unemployment Claims, weekly report to calculate the individuals that filed for unemployment insurance for the first time, 362K is estimated now from 355K on the last time.
Later on in the US, Philly Fed Manufacturing Index, Survey to rate the level of manufacturers in the Philadelphia business conditions, 2.3 points are due now from 5.7 points on October.
More In the US, Consumer Price Index (CPI), measures the consumers’ prices change of goods and services, reduce of 0.5% down to 0.1% is likely this time. While on the Core CPI (not including food and energy) 0.1% is likely to remain similar to the last report.
Also on in the US, John Williams, Federal Reserve Bank of San Francisco President, is due to deliver a speech in San Francisco.
Furthermore in the US, Empire State Manufacturing Index, Manufacturers in New York Survey to value the general business conditions, is about to further drop down to -7.0 points from -6.2 points on October.
Later in the US, Jeffrey Lacker, Federal Reserve Bank of Richmond President, is due to speak in Charleston.
Later on in the US, Mortgage Delinquencies, value by percentage the late Mortgage Bankers Association (MBA) payment over the previous quarter, 7.58% is forecasted now similar to the last report.
Finally in the US, Crude Oil Inventories, weekly indicator that due to remain with no change from the last week with 1.8M.
In Europe, Flash Gross Domestic Product (GDP); calculate the quarterly change in all the goods and services that are produced by the economy, -0.2% is likely with no change from the last time, similar is due in the French Prelim GDP, and reduce of 0.2% down to 0.1% is predicted in the German Prelim GDP.
Later in Europe, European Central Bank (ECB) Monthly Bulletin, the ECB Governing Board statistical data to evaluate on the latest interest rate decision, and also provides analysis of present and upcoming monetary conditions.
Finally in Europe, Consumer Price Index (CPI), value the consumers’ price change of goods and services, 2.5% is estimated with no change from the last time, and similar in the Core CPI (not including food, energy, alcohol and tobacco) with 1.5% like on the October.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Retail Sales, shows all the sales at the retail level, due to reduce down to -0.1% from 0.6% on October.
Read more about the Pound in the GBP/USD forecast.
In Australia, Melbourne Institute (MI) Inflation Expectations, value by percentage the consumers’ expect price change of goods and services over the upcoming 12 months, 2.6% is calculated now similar to the last time.
Later in Australia, New Motor Vehicle Sales shows the new cars and trucks that were sold domestically, 4.7% is likely now.
For more on the Aussie, read the AUD/USD forecast.
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