Unemployment Claims in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us
In the US, Unemployment Claims, weekly measurement to value the individuals that filed for unemployment insurance for the first time, 423K is due now from 439K on the last time.
Late in the US, Flash Manufacturing Purchasing Managers’ Index (PMI), Survey to rate the business conditions such as production, prices, supplier deliveries and inventories, rise of 0.2 points is calculated no up to 51.2 points.
Later on in the US, Revised University of Michigan (UoM) Consumer Sentiment, Survey to value the present and upcoming financial conditions 84.9 points is estimated now with no change from October. While on the Revised UoM Inflation Expectations, 3.0% is predicted now.
More in the US, Crude Oil Inventories, weekly indicator to value the commercial crude oil barrels that are held in inventory, reduce of 0.1M is calculated down to 1.0M from the last time.
Moreover in the US, The Conference Board (CB) Leading Index, composite index that is based on 10 financial indicators; 0.1% is due now from 0.6% on October.
Finally in the US, Natural Gas Storage, -18B is forecasted similar to the last weekly report.
In Canada, Timothy Lane, Bank of Canada (BOC) Deputy Governor, is due to speak in New Bruncsck.
For more on USD/CAD, read the Canadian dollar forecast.
In Great Britain, Monetary Policy Committee (MPC) Meeting Minutes, it is a record of the Bank of England (BOE), MPC’s recent meeting that providing insights regarding the financial conditions interest rates.
Later in Great Britain, Public Sector Net Borrowing, value the difference between spending and income for public corporations, central and local government, 4.1B is due now from 10.7B on October.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Fritz Zurbrugg, Swiss National Bank (SNB) Governing Board Member, is due to deliver a speech at the University of Lucerne.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Credit Card Spending, 1.5% with no change from the last time.
Later in New Zealand, Visitor Arrivals, -3.3% is calculated now similar to the last month report.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Bank of Japan (BOJ) Monthly Report, the statistical data of the BOJ Policy Board members that evaluate the latest interest rate decisions.
Read more about the yen in the USD/JPY forecast.
Trade well
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