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Here’s what we are looking for in tomorrow’s economic reports (Feb 12, 2019) — Good Luck Trading!
1. RBNZ Rate decision (20:00 ET) No Trade -- RBNZ likely to be dovish but rate decisions are best traded reactively
2. UK CPI (04:30 ET) Bearish GBP -- Potential downside surprise given BoE’s view on inflation and continued decline in shop prices
3. EZ Industrial Production (05:00 ET) Bullish EUR -- Potential upside surprise given smaller drop in German IP and better french IP
4. US CPI (08:30 ET) Bullish USD -- Potential upside surprise given recovery in gas prices and improvement in import and export prices