Unemployment Claims in the US and CBI Realized Sales in the UK are the main events today. Here is an outlook on the market-movers awaiting us.
In the US, Prelim Gross Domestic Product (GDP), value all goods and services that the economy produced over the last quarter2.8% is likely, rise of 0.8% from the previous report.
Later in the US, Unemployment Claims, weekly indicator to value the number of individuals that filed for unemployment insurance on the previous week for the first time, 404K is due now from 410K on the last report.
Finally in the US, Pending Home Sales, the number of homes under contract and before the closing transaction (without new building), rise of 0.6% is calculated from up to 0.9% now.
In Canada, Current Account, the difference between imported and exported goods, services and more over the past quarter; -18.0B is estimated now from -16.0B on the last time.
Later in Canada, Raw Materials Price Index (RMPI), manufacturers price change for materials, -0.4% is due now from 1.3% on October.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, German Unemployment Change, the amount of unemployed on the previous month, is due to reduce by 5K from October down to 15K now.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Mervyn King, Bank of England (BOE) Governor, is about to hold a press conference in London.
Later in Great Britain, Nationwide House Price Index (HPI); measures the selling price change of homes with mortgages that is backed by Nationwide, reduce of 0.4% from October is likely down to 0.2%.
Later on in Great Britain, Net Lending to Individuals, value all the new credit that were to issued consumers, reduce from 1.7B on October down to 0.9B is likely now.
More in Great Britain, Bank of England (BOE) Financial Stability Report, it’s includes analysis on the stability of the current monetary system.
Finally in Great Britain, Confederation of British Industry (CBI) Realized Sales, Monthly Survey to rate the current sales volume, 19 points are due now from 30 points on October.
In Switzerland, Gross Domestic Product (GDP), value of all economy’s goods and services, 0.2% is likely now from -0.1% on the last quarter.
In Australia, Private Capital Expenditure shows all the new capital expenditures that were made by private businesses on the last quarter, 2.1% is expected now from 3.4% on the last report.
In New Zealand, NBNZ Business Confidence, Survey to rate the relative 12-month economic outlook, 17.2 points are due similar to the last time.
In Japan, Household Spending, value all consumers’ expenditures, is due to rise to-0.8% now from -0.9% on October.
Later in Japan, Tokyo Core Consumer Price Index (CPI), consumers’ price change of goods and services in Tokyo (not including fresh food), -0.4% is due to remain similar to the last month.
Finally in Japan, Prelim Industrial Production, value of the manufacturer’s mines, and utilities output production, -1.8% is due now from -4.1% on October.