Unemployment Claims in the US and Trade Balance in Canada are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly measurement to value the persons that had filed for unemployment insurance, rise is expected from 401K on the last week to 407K now.
Later in the US, Trade Balance, monthly value for the change between imported and exported services and goods, directly linked with currency demand, further reduce is predicted from -44.8B on September to -46.2B this month.
More in the US, Federal Budget Balance, value the difference between the spending & federal government’s income, rise from -134.2B on September to -65.0B and still deficit is forecasted now
Also in the US, Crude Oil Inventories, weekly, no change in the barrels number is expected from the last week and -4.7M is likely now.
Finally in the US, Natural Gas Storage, with no change from the last week, 97B is expected.
In Canada, Trade Balance, value on a monthly bases the difference in between exported and imported goods, about to rise from -0.8B on September to -0.9B now.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, European Central Bank (ECB) Monthly Bulletin, ECB Governing Board evaluated discloses the statistical documents on the newest interest rate decision, and upcoming financial conditions from the bank’s viewpoint.
Later in Europ, German Final Consumer Price Index (CPI), due to remain 0.1% like on the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Trade Balance, the difference between exported & imported goods over the passing month, about to be -8.8B this month.
Read more about the Pound in the GBP/USD forecast.
In Australia, Employment Change, value the change in the employed people during the previous month, due to rise from -9.7K on September up to 10.1K.
More in Australia, Unemployment Rate, the all unemployed work force that are seeking for a job on the last month, 5.3% is foreseen with no change from the last month.
Finally in Australia, Melbourne Institute (MI) Inflation Expectations, the consumers expected price for goods and services by percentage on the upcoming 12 months; due to remain 2.8%.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Corporate Goods Price Index (CGPI) is due to reduce down to 2.5%.
Later in Japan, M2 Money Stock, 2.7% is forecasted with no change from the last time.
Read more about the yen in the USD/JPY forecast.
Trade well
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