Headlines the Economic Calendar on Tuesday

Headlines the Economic Calendar on Tuesday

1. US Producer Price Index

Watch out for US Producer Price Index today. The US PPI is predicted to come out at -0.7% year-on-year basis. While the Core PPI inflation is expected to rise to 0.4% from 0.1%. A lower than expected reading should be taken as negative for the US Dollar.

2. Canada Housing Data

Canada Housing Starts is a critical indicator of economic strength in Canada. The market expects housing starts to ease to 210.0K in July from 211.7K in the previous number.