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Here’s what we are looking for in tomorrow’s economic reports (Jan 9, 2019) — Good Luck Trading!
1. AU PMI Services (16:30 NY Time) Bearish AUD -- Potential for downside surprise give continued decline in PMI manufacturing index
2. German Trade Balance (02:00 NY Time) Bearish EUR -- Potential for downside surprise give decline in PMI manufacturing index, factory orders, industrial production & IFO
3. Bank of Canada Rate Decision (10:00 NY Time) No trade -- Rate decisions are best traded reactively
4. FOMC Rate Decision (14:00 NY Time) No Trade -- Minutes are best traded reactively but Fed minutes likely to be more cautious