Forex Daily Outlook


We end this week with Prelim UoM Consumer Sentiment in the US and Unemployment Rate in Canada as the major events of the day. Here is an outlook on the market-movers awaiting us.

International Monetary Fund (IMF) Meetings (Day 1), meetings that are held twice a year, attended by IMF and the World Bank representatives of.

In the US, Prelim University of Michigan (UoM) Consumer Sentiment, Economic Conditions Monthly Survey, reduce of 0.3 points are predicted down to 77.2 points from September. While on the Prelim UoM Inflation Expectations 3.3% is due similar to the last month.

Later in the US, Jerome Powell, Federal Reserve Governor is due to participate in a panel in Washington DC.

In Canada, Employment Change, value the employed people on the past month, 15.3K is likely now from 59.2K on September.

Later in Canada, Unemployment Rate, value the actively seeking employment on the past month by percentages, 7.1% is likely to remain with no change from September.

More in Canada, BOC Business Outlook Survey, Quarterly Survey to rate the business conditions and level of sales growth, employment, inflation expectations, and credit conditions, no change is due from the last time.

Also in Canada, John Murray, Bank of Canada (BOC) Deputy Governor is due to participate in a panel in Washington DC.

Finally in Canada, Tiff Macklem, Bank of Canada (BOC) Senior Deputy Governor is about to participate in a panel in Washington DC.

In Great Britain, The Conference Board (CB) Leading Index, composite index that is based on 7 economic indicators, 0.7% is due now similar the last report.

In Switzerland, Jean-Pierre Danthine, Swiss National Bank (SNB), Governing Board Vice-Chairman is due to speak in Lugarno.

Trade well

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