Unemployment Claims in the US and Prelim GDP in the UK are the major market-movers. Let see what awaits us today.
In the US, Durable Goods Orders, value all the new manufacturers’ purchase orders for durable goods, 7.1% is calculated now from -13.2% on September. Similar rise is due on the Core Durable Goods Orders (without transportation items) with 0.8% this time from -1.6% on the last report.
Later in the US, Unemployment Claims, calculates the individuals who filed the first time for unemployment insurance, reduce down to 371K is likely this week from 388K,
More in the US, Pending Home Sales, Value the number of homes that are under contract to be sold and still awaiting the closing transaction (not including new construction); 2.3% is predicted now from -2.6% on September.
Finally in the Us, Natural Gas Storage, measures the cubic feet of natural gas that is held underground, 51B is due similar to the last week.
In Europe, M3 Money Supply, calculates all the quantity of the banks domestic currency from circulation and deposited; rise of 0.1% is due up to 3.0%.
More in Europe, Private Loans, -0.4% is likely from -0.6% on September.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Prelim Gross Domestic Product (GDP); value all goods and services that are produced by the economy, rise up to 0.6% from -0.4% on the last quarter is likely.
Later in Great Britain, Paul Tucker, Bank of England (BOE) Deputy Governor, is due to speak in London.
More in Great Britain, Index of Services is likely to rise up to 0.5% from 0.1% on September.
Read more about the Pound in the GBP/USD forecast.
In New Zealand, Trade Balance is predicted to further reduce down to -853M from September’s report with -789M.
For more about the kiwi, see the NZD/USD forecast.
In Japan, Tokyo Core Consumer Price Index (CPI), value of the consumers in Tokyo price change of goods and services purchased (without fresh food), -0.5% is due from -0.4% in September. And similar rise is due on the National Core CPI up to -0.2% from -0.3% on the last report.
Read more about the yen in the USD/JPY forecast.
Trade well
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