Very interesting and hectic day anticipated us today: Empire State Manufacturing Index, Survey in the US, (BOC) Deputy Governor Timothy Lane speaks in Canada, BOE) Governor Mervyn King speaks in the UK, Official Cash Rate in New Zealand and much more. Let’s see what awaits us today In the US Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities. Manufacturing activity, which has been a leader of the US economic recovery, is forecasted to show a smaller rise in industrial output by 0.2%, compared with the 1.0% increase in the previous month. Later in the US, Empire State Manufacturing Index, Survey of about 200 manufacturers in New York State which asks respondents to rate the relative level of general business conditions. Is forecasted to show a rise of 1.6 points from the previous month and it’s indicates improving conditions. More in the US, Import Prices, monthly earliest government-released inflation data that measures the change in the price of imported goods and services purchased domestically, 0.2% similar to last month and It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods and services. Also in the US, Capacity Utilization Rate, a monthly leading indicator of consumer inflation – when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer forecasted to rise by 0.3%. Finally in the US, Crude Oil Inventories, US indicator that affects the loonie due to Canada’s sizable energy sector, and measures the change in crude oil barrels number held in inventory by commercial firms during the past week. Forecast a reduction by 0.7% and influences the price of petroleum products which affects inflation. In Canada, Bank of Canada (BOC) Deputy Governor Timothy Lane, deliver a speech titled “Promoting Canada’s Economic and Financial Well-Being in an Uncertain World” at the Board of Trade, in St. John’s. Can often be used to drop subtle clues regarding future monetary policy. Finally in Canada, Manufacturing Sales, measures the change in the sales made by manufacturers total value has stabilized on 0.1%. It’s a leading indicator of economic health – manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment. For more on USD/CAD, read the Canadian dollar forecast. In Europe Consumer Price Index (CPI), the main measure of inflation in the Euro-zone and the European Union’s equivalent to the CPI- Consumer Price Index. Inflationary pressures in the Euro-zone are expected to remain subdued at 1.6% August, down from 1.7% in July. And the Core CPI is forecasted to rise by 0.8%. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Great Britain, Bank of England (BOE) Governor Mervyn King speaks at the Trades Union Congress, in Manchester and can influents on the subtle clues regarding future monetary policy. Finally in Great Britain, Claimant Count Change is forecasted to show a rise by 0.3K and the number of unemployed people is an important signal of overall economic health Read more about the Pound in the GBP/USD forecast. In Australia, Westpac Consumer Sentiment, Monthly Survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions, employment, and climate for major purchases has drooped down by 5.7%. For more on the Aussie, read the AUD/USD forecast. In New Zealand, Official Cash Rate, Interest rate at which banks lend balances held at the RBNZ to other banks, and Due to the uncertain outlook and the threat of a global economic slowdown, the Reserve Bank of New Zealand could decide that it would be prudent to keep the current 3.0% benchmark interest rate level unchanged at this meeting, while still leaving the door open to further rate hikes in the months ahead. More in New Zealand, Reserve Bank of New Zealand (RBNZ) Press Conference & Rate Statement which are among the primary tools of RBNZ to communicate with investors about monetary policy and covers in detail the factors that affected the most recent interest rate decision. In Japan, Tertiary Industry Activity, a leading indicator of economic health that measures the change in the total value of services purchased by businesses, and it is forecasted to rise by 0.8%. That’s it for today. Happy forex trading! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free. Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next EUR/USD Sep. 15- Slipping After the Goldman Move Yohay Elam 13 years Very interesting and hectic day anticipated us today: Empire State Manufacturing Index, Survey in the US, (BOC) Deputy Governor Timothy Lane speaks in Canada, BOE) Governor Mervyn King speaks in the UK, Official Cash Rate in New Zealand and much more. Let's see what awaits us today In the US Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities. Manufacturing activity, which has been a leader of the US economic recovery, is forecasted to show a smaller rise in industrial output by 0.2%, compared with the 1.0% increase in the previous month. 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