Search ForexCrunch

BOC Rate Statement in Canada and Employment Change in Australia are the main events today.   Here is an outlook on the market-movers awaiting us

In the US, Revised Nonfarm Productivity, Annualized change in labor efficiency in the production of goods and services (not including the farming industry), rise of 0.2% is estimated up to 1.8% now.

In Canada, Bank of Canada (BOC) Rate Statement, BOC primary tool to communicate with investors on monetary policy and discusses the financial outlook. While on the Overnight Rate 1.00% is due similar to the last months.

For more on USD/CAD, read the  Canadian dollar forecast.

In Europe, Retail Sales, value the total of inflation-adjusted sales at the retail level; reduce of 0.4% from August down to -0.2% is calculated this time.

More in Europe, German 10-y Bond Auction value the bonds the government sold at auction.

For more on the Euro, read the  Euro to dollar forecast.

In Great Britain, Services Purchasing Managers’ Index (PMI); Survey to rate the level of business conditions such as employment, new orders, prices and inventories; rise of 0.5 points is expected up to 51.5 points now.

Later in Great Britain, Halifax House Price Index (HPI), shows the price change in the of homes that are financed by Halifax Bank of Scotland (HBOS); 0.23% is likely this month from -0.6% on August.

Read more about the Pound in the  GBP/USD forecast.

In Switzerland, Consumer Price Index (CPI); to measures the consumers’ price change of goods and services, rise is likely from -0.5% on August up to 0.1% this time.

Also in Switzerland, Jean-Pierre Danthine, Swiss National Bank (SNB) Governing Board Vice-Chairman, is about to speak in Zurich.

Read more about the Swiss franc in the USD/CHF forecast.

In Australia, Employment Change, value the number of employed people on the previous month, 5.1K is expected now from 14.0K on August.

More in Australia, Unemployment Rate, of the total number of unemployed by percentage that are actively seeking employment, 5.3% is due from 5.2% on August.

For more on the Aussie, read the  AUD/USD forecast.

In Japan, Masaaki Shirakawa, Bank of Japan (BOJ) Governor, is due to speak in Tokyo.

Read more about the yen in the USD/JPY forecast.

Trade well