In today expect news of interest from the UK and aid applications in the US

European session began with news from Germany at 09:00 on factory orders, which are expected to show an increase to 0.7% compared to -0.4% last month. On an annual basis is also expected to increase to 1.5% compared to -2.4% for the previous period.

10:00 expect index prices from the UK, as it expected reduced to 0.0% from 0.9% in the previous period.

At 14:00 will turn our attention to the UK from where we will see the decision on interest rates, changes in the levels of 0.50% is expected. At the same time we will see whether the BoE will increase incentives, as the current level is 375 billion. GBP. Expected increase in volatility during Release.

At 15:30 Canada will see the results on the trade balance in the country, analysts forecast a drop to -1.100 billion. CAD, compared to -0.644 mlrd.CAD for the previous reporting period. If justify is possible to see a drop in the Canadian dollar crosses.

From 15:30 US investors will focus on aid applications from unemployed, according to forecasts, will see an increase to 290,000 to 265,000 in the previous period, which probably will lower the dollar. At the same time we will see data on the level of the trade balance. For him, the expectations are for a slight increase to -38 000 billion. To -39.001 billion. For the previous period.

Varchev Finance