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Michigan inflation expectations. USA, 16:00 (GMT+2) 16 Aug

16Aug.202415:00

Michigan inflation expectations. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the US will release August data on expected inflation from the University of Michigan – a monthly study measuring the percentage change in the cost of goods and services over the next 12 months. It may grow from 2.9%, supporting the American dollar.

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At 14:15 (GMT+2), Canada will publish July data on the number of new homes, the construction of which began in the reporting month. This indicator is one of the most important indicators of the national construction market. It may change from 241.7K to 244.0K, supporting the Canadian dollar.

Michigan consumer sentiment. USA, 16:00 (GMT+2)
16 Aug. 2024 15:00
Michigan consumer sentiment. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the US will publish the August data on the change in the consumer confidence index from the University of Michigan, based on a telephone survey of at least 500 US households. It records consumer spending, which is part of economic activity. It may grow from 66.4 points to 66.7 points, supporting the American dollar.

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