In the US Fed Chairman Bernanke Speaks and Manufacturing Production in the UK are the main events lined up.  Let’s see what awaits us today.
In the US, Federal Reserve Chairman Ben Bernanke is due to speak in Stone Mountain.
Later in the US, Wholesale Inventories, 0.4% is due now from 1.2% on the last month.
Finally in the US, National Federation of Independent Business (NFIB) Small Business Index, rise up to 92.3 points is forecasted now from 90.8 points on March.
In Canada, Building Permits, future construction activity superb gauge to value the new building permits issued, rise up to 5.3% is likely now from 1.7% on the previous time.
Later in Canada, Housing Starts are due to reduce by 2K form the last month down to 176K this time.
For more on USD/CAD, read the Canadian dollar forecast.
In Europe, Trade Balance, value the difference between imported and exported goods, on the German market 16.2B is calculated now from 15.7B on the last mont, and on the French market -5.3B now from -5.9B on March.
Later in Europe, French Gov Budget Balance, -12.8B is likely to remain similar to the last report.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Manufacturing Production, value the manufacturer’s output production, rise up to 0.4% is expected now from -1.5% on the last month.
Later in Great Britain, Trade Balance, value the difference between imported and exported goods; -8.5B is predicted this time from -8.2B on the previous month.
Later on in Great Britain, Royal Institution of Chartered Surveyors (RICS) House Price Balance, leading indicator of housing inflation that is because on a monthly survey, -4% is due now from -6% on the last time.
More in Great Britain, British Retail Consortium (BRC) Retail Sales Monitor, value all the sales at the retail level, 2.7% is due now similar to the last time.
Also in Great Britain, National Institute of Economic and Social Research (NIESR) Gross Domestic Product (GDP) Estimate, estimates all goods and services that were produced by the economy over the last 3 months; -0.1% is due with no change from the last quarter.
Finally in Great Britain, Industrial Production, rise up to 0.4% is estimated from -1.2% on March.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Consumer Price Index (CPI); the consumer’s price change of goods and services, 0.3% is likely now with no change from the last time.
Later in Switzerland, Retail Sales, value all the les at the retail level (now including cars and gas stations), rise up to 2.9% from 1.9% is due this month.
More in Switzerland, Unemployment Rate is due to remain 3.1% similar to the last report on March.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, National Australia Bank (NAB) Business Confidence, business conditions survey, 1 points are due now similar to the last time.
For more on the Aussie, read the AUD/USD forecast.
In Japan, Monetary Policy Meeting Minutes, the Bank of Japan (BOJ) Policy Board’s meeting that provides insights on the economic conditions and their decision on interest rates.
Later in Japan, Prelim Machine Tool Orders, -21.5% is calculated now similar to the last report on March.
Read more about the yen in the USD/JPY forecast.
Trade well
