Forex Daily Outlook

In the US Unemployment Claims and ECB President Draghi Speaks in Europe are the major market-movers. Let see what awaits us today.

In the US, Unemployment Claims, weekly indicator to value the individuals who filed for unemployment insurance, reduce of 1K is due from down to 323K this time.

Later in the US, Import Prices, shows the price change of imported goods and services, rise up to 0.6% from 0.2% on August.

Also in the US, Federal Budget Balance, the difference between the federal government’s income and spending, -155.3B is likely now from -7.6B on the previous month.

Finally in the US, William Dudley, Federal Reserve Bank of New York President, is due to participate in a panel in Paris.

In Canada, New Housing Price Index (NHPI), the selling price change of new homes, 0.2% is likely now similar to the last time.

In Europe, Mario Draghi, European Central Bank (ECB) President, is due to speak in Riga.

Later in Europe, European Central Bank (ECB) Monthly Bulletin, the statistical data for the ECB Governing Board evaluation on making the latest interest rate decision.

Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted.

In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the nation’s key interest rates,

In Switzerland, Producer Price Index (PPI), the manufacturers’ price change of goods and raw materials, rise up to 0.2% is calculated now.

In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers’ Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now.

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