In today expect major US data on PPI index and inflation in Spain.

In today expect major US data on PPI index and inflation in Spain.

European session begins with important data from Spain at 10:00, where it will become clear inflation expectations are for a drop to -0.6% compared to -0.1% for the month and -1.1% to -1.1% on an annual basis, if these forecasts justify likely see a decrease in the single currency.

12:00 will pay attention to the balance of trade in the Eurozone, which is expected to increase to 21.3V to 19.4V for the previous reporting period.

American session begins with an important release is for PPI index, as investors’ expectations for -0.4% to -0.2% for the previous period. At the same time it will become clear and aid applications from unemployed and forecast for 291K to 294K for the previous period. We expect an increase in volatility, and if forecasts justify a possible downgrade of the US dollar.

At 17:00, wait for data level Filadelfskiya production index, which as expected will decrease to 19.9 to 24.5 points in the previous period.

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