Economic Events: (GMT) 07:00 EUR German GDP (QoQ) -0.2% -0.2%
Gross Domestic Product (GDP) is the broadest measure of economic activity and is a key indicator of economic health. The quarterly percent changes in GDP show the growth rate of the economy as a whole.
09:30 GBP Business Investment (QoQ) -0.4% 0.3%
Business Investment measures the change in the total inflation-adjusted value of capital expenditure made by companies in the private sector.
09:30 GBP GDP (QoQ) -0.2% -0.2%
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Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
14:55 USD Michigan Consumer Sentiment Index 72.5 72.5
The University of Michigan Consumer Sentiment Index rates the relative level of current and future economic conditions. There are two versions of this data released two weeks apart, preliminary and revised. The preliminary data tends to have a greater impact. The reading is compiled from a survey of around 500 consumers.
15:00 USD New Home Sales 315K 307K
New Home Sales measures the annualized number of new single-family homes that were sold during the previous month. This report tends to have more impact when it's released ahead of Existing Home Sales because the reports are tightly correlated.
15:00 CAD BoC Gov Carney Speaks
Bank of Canada (BOC) Governor Mark Carney (February 2008 - February 2015) is to speak. As head of the BOC's Governing Council, which controls key short term interest rates, Carney has more influence over the Canadian dollar's value than any other person. Traders scrutinize his public engagements for clues regarding future monetary policy.


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