For those interested in the economic data to be released globally while i am at the keyboard for the next 8 hours please view the Forex Live Economic Calendar.
A brief run down on what to pay attention to tonight would of course include:
1. 12:00GMT – BOE Bank Rate (forecast 1.0%) with a statement out at some stage
2. 12:45GMT – ECB Minimum Bid Rate (no change expected, 2.0%)
3. 13:30GMT – Canadian Building Permits m/m (forecast -5.0%, prev -11.8%)
4. 13:30GMT – ECB Press conference
5. 13:30GMT – US Unemployment Claims (forecast 585K, prev 588K)
– US Prelim Non Farm Productivity q/q (forecast 1.0%, prev 1.3%)
– US Prelim Unit Labour Costs q/q (forecast 3.2%, prev 2.8%)
6. 15:00GMT – US Factory Orders m/m (forecast -3.1%, prev -4.6%)
– Canadian Ivey PMI (forecast 39.2, prev 39.1)
Should be plenty there to keep us amused this evening.
