U.S. CB Consumer Confidence, Britain Final GDP and Trade Balance and Tankan Manufacturing Index in Japan are the main events on our calendar today. Here is an outlook on the market moving activities ahead. In the US, CB Consumer Confidence released monthly scored 53.5 points last month This 5,000 people survey is now expected a small reduction to 52.5 points. Later in the US, S&P/CS Composite-20 HP measuring the change in the selling price of single-family homes in 20 metropolitan areas expected 3.1% rise, 1.1% weaker than the previous month although the actual figures are usually better than the forecast. Finally in the US, Richmond Manufacturing Index rating business conditions anticipated to plunge further reaching 6 points following last month unexpected dip to 11 points. In Europe, GfK German Consumer Climate a leading indicator of consumer spending predicted to continue its climb to 4.3 points following 3.9 point rise in the previous month. Also in Europe, German Prelim CPI an indicator of overall inflation was flat in August following 0.2% rise in July. A 0.2% drop is expected now. More in Europe, French Consumer Spending released monthly will produce two simultaneous releases as the source skipped the data release last month. The forecast for July is a rise of 0.5% following 1.4% drop in June. 0.1% drop is expected in the August reading. For more on the Euro, read the EUR/USD forecast and Casey Stubbs’ latest analysis. In Great Britain Final GDP released quarterly experienced a growth rate of 1.2%. Another 1.2% rise is expected now. More in Great Britain, Current Account deficit released quarterly is foreseen to retain the relatively high deficit of 9.6B reached in the previous quarter after only 1.7B deficit in March. Later in Great Britain, CBI Realized Sales a leading indicator of consumer spending released monthly predicted to reach 27 points, 8 points weaker than in August though still a high figure following the remarkable climb to 33 points in July. Revised Business Investment released quarterly measures the inflation adjusted value of Business Investment predicted the same negative 1.6% drop as in the previous quarter. Finally in Britain, External BOE MPC Member Adam Posen speaks at the Humberside Chamber of Commerce in Hull as a voting MPC member his speech may affect the currency and provide clues to future monetary policy. Read more about the Pound in the GBP/USD forecast. In Switzerland, UBS Consumption Indicator a combined reading of 5 economic indicators rose to 1.86 points in the previous month. A similar reading is expected now. In New Zealand, Trade Balance deficit forecasted to reduce to 74M following the sudden plunge to deficit of 186M in August. This deficit came after many months of trade surplus. In Japan, Tankan Manufacturing Index one of Japan’s most important indicators regarding current economic conditions in the quarter. In the previous quarter, the index surprisingly climed above 0showing small optimism about improving conditions. S further rise to 7 points is expected now and Tankan Non-Manufacturing Index predicted to reach -2 points 3 points stronger than in the previous month. 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 Fundamental Overview – Market Movers Last Week – 9/27/2010 Yohay Elam 12 years U.S. CB Consumer Confidence, Britain Final GDP and Trade Balance and Tankan Manufacturing Index in Japan are the main events on our calendar today. Here is an outlook on the market moving activities ahead. In the US, CB Consumer Confidence released monthly scored 53.5 points last month This 5,000 people survey is now expected a small reduction to 52.5 points. 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