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 indicator to value the individuals who filed for number of unemployment insurance submissions on the past week, rise of 1K is expected up to 389K.
More in the US, Durable Goods Orders, monthly indicator to measure the manufacturer’s new purchase orders value, due to further reduced from -0.6% on October down to -1.1% now. And in the Core Durable Goods Orders (excluding transportation items), is about to reduce from 1.8% down to 0.1% now.
Moreover in the US, Core Personal Consumption Expenditures (PCE) Price Index, consumer’s price for goods and services (without food and energy), is about to rise up to 0.1% this month.
Later in the US, Personal Spending is about to decreses from 0.6% on October to 0.4% this month.
Later on in the US, Crude Oil Inventories, measures the crude oil barrels of that are held in inventory on the past week, rise is expected from -1.1M up to -0.3M now.
Also in the US, Revised University of Michigan (UoM) Consumer Sentiment, consumer’s survey to rate the present and upcoming financial conditions, rise of 0.4 points is forecasted up to 64.6 points.
Finally in the US, Treasury Currency Report, full review of worldwide exchange rate policies and financial conditions. And it’s reports the outlines concerning the Treasury currency.
In Canada, Mark Carney, Bank of Canada (BOC) Governor, about to give a lecture in Montreal.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Flash Manufacturing Purchasing Managers’ Index (PMI), Monthly managers’ survey to rate the business conditions, due to reduce from 47.1 points on October down to 46.6 points, in France from 48.5 points down to 47.7 points and in Germany from 49.1 points down to 48.4 this month.
More in Europe, Industrial New Orders, new manufacturers’ purchase orders is about to decreases from 1.9% up to -2.4%
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, MPC Meeting Minutes, full record of the Bank of England (BOE) Monetary Policy Committee (MPC) latest meeting, shows the financial conditions concerning the interest rates and future votes.
More in Great Britain, British Bankers’ Association (BBA) Mortgage Approvals, is due to rise from 33.1K on October up to 32.3K.
Read more about the Pound in the GBP/USD forecast.
In Australia, Construction Work Done, important quarterly measure of the construction industry, rise is forecasted from 0.7% up to 2.1%.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, Trade Balance, value the difference between imported and exported goods on the passing month, expected to rise from -751M on October up to -454M this time.
For more about the kiwi, see the NZD/USD forecast.
That’s it for today.
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