Economic Data Calls for 8/17/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 17, 2018) — Good Luck Trading!

1. NZ PPI (18:45 NY Time) -- No Trade -- Weaker CPI growth quarterly but stronger yoy

2. EZ Current Account Balance and CPI (4:00 and 5:00 NY Time) -- No Trade -- Inflation rose in German CPI but inflation dropped in France

3. CA CPI (8:30 NY Time) -- Bearish CAD -- Potential for downside surprise given Drop in price component of IVEY PMI

4. US U. of Mich. Report (10:00 NY Time) -- Bullish USD -- Potential for upside surprise given IBD/TiPP Economic Optimism index Hits 14 Month High

Economic Data Calls for 8/16/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 16, 2018) — Good Luck Trading!

1. AU Employment Report (9:30 NY Time) -- Bearish AUD -- Potential for downside surprise given significantly weaker services and manufacturing employment.

2. UK Retail Sales (4:30 NY Time) -- Bearish GBP -- Potential for downside surprise given Weaker growth in BRC retail sales and continued decline in shop prices

3. EZ Trade Balance (5:00 NY Time) -- Bullish EUR -- Potential for upside surprise given Stronger German and French trade balance

4. US Philadelphia Fed Business Outlook, Housing Starts and Building Permits (8:30 NY Time) -- Bullish USD -- Potential for upside surprise given Stronger Empire Manufacturing

Economic Data Calls for 8/15/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 15, 2018) — Good Luck Trading!

1. AU Wage Price Index (21:30 NY Time) -- Bullish AUD -- Potential for upside surprise given Health of labor market should foster stronger wage gains

2. UK CPI, RPI, PPI (04:30 NY Time) -- No Trade -- Inflationary pressures moderated in July in the manufacturing sector but accelerated in services. BRC shop prices fell but at a more moderated pace

3. CA Existing Home Sales (09:00 NY Time) -- No Trade -- CAD housing data is hard to predict but home sales reports are becoming more important

4. Empire Manufacturing, Retail Sales, Industrial and Manufacturing Production (8:30 and 9:15 NY Time) -- Bullish USD -- Potential for upside surprise given Redbook retail sales rose 0.9% over the previous month. Wage growth accelerated

Economic Data Calls for 8/14/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 14, 2018) — Good Luck Trading!

1. GE GDP and CPI (2:00 NY Time) -- Bullish EUR -- Potential for upside surprise given Stronger trade and retail sales points to firmer German GDP.

2. UK Labor Report (4:30 NY Time) -- No Trade -- Services rate of job creation weakest since Aug 2016, but job growth remained solid in manufacturing

3. EZ industrial Production, GDP and GE ZEW Survey (5:00 NY Time) -- Bullish EUR -- Potential for upside surprise given harp drop in German IP and factory orders. EZ GDP is hard to predict as it is released same day as the German report

Economic Data Calls for 8/10/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 10, 2016) — Good Luck Trading!

1. BusinessNZ Manufacturing PMI (18:30 NY Time) Bearish NZD -- Potential for downside surprise given Sharp drop in business confidence

2. JN GDP (19:50 NY Time) -- No Trade -- GDP growth is expected to accelerate but Japanese data has been mixed

3. RBA Statement on Monetary Policy (21:30 NY Time) -- No Trade -- We do not trade reports

4. UK Trade Balance, Industrial Production, Manufacturing Production and GDP (4:30 NY Time) Bullish GBP -- Potential for upside surprise given GDP likely to be stronger given rise in consumer spending and improvement in trade. But drop in manufacturing PMI index suggests weaker trade in June

5. CA Employment Report (8:30 NY Time) Bearish CAD -- Potential for downside surprise given drop in IVEY PMI

6. US CPI (8:30 NY Time) Bearish USD -- Potential for downside surprise given drop in PPI and gas prices were lower in July

Economic Data Calls for 8/8/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 8, 2018) — Good Luck Trading!

1. NZ 2YR Inflation Expectation (23:00 NY Time) -- Short NZD -- Potential for downside surprise given Commodity prices dropped in Q3

2. CH Trade Balance (00:00 NY Time) -- No Trade -- Chinese data is hard to predict but trade could be negatively affected by Yuan weakness