U.S. Unemployment Claims, U.S. Existing Home Sales and Flash Manufacturing and Service PMI data in Europe are the major market moving events. Here is an outlook on today’s significant activities. In the US, Unemployment Claims considerably reduced since the pick in mid August reaching 450K in the previous week a small rise to 451K is expected now. Later in the US, Existing Home Sales dropped sharply in the previous month reaching 33.7K. A ise to 4.11B is expected now although it is still a low figure badly reflecting on the US economy. More in the US, Natural Gas Storage released monthly edged up to 103B last week after Natural Gas price rose to the highest in more than three weeks. A smaller number is expected now. Finally in the US, CB Leading Index of leading economic indicators, designed to predict the future direction of the economy released monthly , predicted 1.0% rise the same as in July’s lower than expected rise. In Europe, French Flash Manufacturing PMI a leading indicator of economic health released monthly, expected to reach 55.0 points following a better than expected 55.1 points in the previous month. German Flash Manufacturing PMI also predicted a small decrease to 57.8 after a disappointing figure of 58.2 in the previous month however still a strong result. Flash Manufacturing PMI in the Euro-Zone tags along with a forecasted reduction of 0.5 points from 55.1 points in July. Also in Europe, French Flash Services PMI another leading indicator of economic health is likely to reach 60.1 points following 60.4 points in July while the German Flash Services PMI is predicted 57.3 points 0.1 points stronger than in the previous month. Flash Manufacturing PMI in the Euro-Zone forecasted a reduction of 0.4 points compared to the previous month reaching 55.5 points. Finally in Europe, Italian Quarterly Unemployment Rate expected a small rise of 0.2% in the total unemployed compared to the previous quarter resulting in 8.6%. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Great Britain, British Bankers’ Association Mortgage Approvals registered a lower than expected 33.7K mortgage approvals in the previous month a further reduction to 32.3K is expected now which is a bad indicator to the housing market industry. Read more about the Pound in the GBP/USD forecast. 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 5 Points on When To Go Pro Yohay Elam 12 years U.S. Unemployment Claims, U.S. Existing Home Sales and Flash Manufacturing and Service PMI data in Europe are the major market moving events. Here is an outlook on today's significant activities. In the US, Unemployment Claims considerably reduced since the pick in mid August reaching 450K in the previous week a small rise to 451K is expected now. Later in the US, Existing Home Sales dropped sharply in the previous month reaching 33.7K. A ise to 4.11B is expected now although it is still a low figure badly reflecting on the US economy. More in the US, Natural Gas Storage released… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
