We end this week with ECB President Draghi Speaks in Europe and Personal Spending in the US as the major events of the day. Here is an outlook on the market-movers awaiting us.
In the US, Personal Spending, value all the consumer’s expenditures, rise of 0.2% is due now up to 0.3% from August.
Later in the US, Revised University of Michigan (UoM) Consumer Sentiment, Survey to value the current and future monetary conditions, rise up to 78.2 points from 76.8 on August is forecasted now.
Later on in the US, Core Personal Consumption Expenditures (PCE) Price Index, the consumers goods and services price change (without food and energy), 0.1% is likely now similar to the past month.
More in the US, Eric Rosengren, Federal Reserve Bank of Boston President, is due to deliver opening ramparts in New York.
Also in the US, William Dudley, Federal Reserve Bank of New York President, is about to speak in Syracuse.
Finally in the US, Charles Evans, Federal Reserve Bank of Chicago President, due to speak in Oslo.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Mario Draghi, European Central Bank (ECB President, is likely to speak in Milan.
Later in Europe, Retail Raw Materials Price Index (RMPI), Monthly Business Conditions Survey to value the sales, employment, prices, and inventories, no change is due from the last report.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Index of Services, value the total Gross Value Added (GVA) of the private and government services sectors, 0.6^ is due with no change from August.
Read more about the Pound in the GBP/USD forecast.
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