Economic Data Calls for 12.10.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 10, 2018) — Good Luck Trading!

1. German Trade Balance (02:00 NY Time) Bearish EUR -- Potential for downside surprise given lower business and manufacturing PMI

2. UK Visible Trade Balance (04:30 NY Time) Bearish EUR -- Potential for upside surprise given stronger UK Manufacturing activity

Economic Data Calls for 12.07.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 7, 2018) — Good Luck Trading!

1. German Industrial Production (02:00 NY Time) Bullish EUR -- Potential for upside surprise given rise in German factory orders

2. EZ GDP Revisions (05:00 NY Time) No Trade -- Revisions can be market moving but difficult to predict

3. US Non-Farm Payrolls (08:30 NY Time) No Trade -- Non-farm payrolls is difficult to handicap and best traded reactively

4. CAD Employment (08:30 NY Time) Bearish CAD -- Potential for downside surprise given big jump previous month and decline in employment component of IVEY

5. University of Michigan Consumer (10:00 NY Time) Bearish USD -- Likely to be weaker given volatility in stocks

Economic Data Calls for 12.06.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 6, 2018) — Good Luck Trading!

1. AU Retail Sales & Trade Balance (19:30 NY Time) No Trade -- Sales should be stronger given sharp rise in PMI services but trade could be softer given lower retail sales

2. ADP Employment Change (08:15 NY Time) No Trade -- ADP can be market moving but difficult to predict

3. US Trade Balance (08:30 NY Time) Bullish USD -- Potential for upside surprise given rise in ISM manufacturing index

4. US ISM Non-manufacturing index (10:00 NY Time) Bullish USD -- Potential for upside surprise given rise in ISM manufacturing index but stocks have fallen sharply

5. CAD IVEY PMI (10:00 NY Time) Bearish CAd -- Potential for downside surprise given drop in oil prices and large increase the month prior

6. US Factory Orders and Durable Goods (10:00 NY Time) No Trade -- Durable goods, factory orders are hard to predict but can be market moving

Economic Calendar Calls for 12.04.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 4, 2018) — Good Luck Trading!

1. RBA Rate Decision (22:30 NY Time) No Trade -- We expect the RBA to remain neutral but rate decisions are best traded reactively

2. EZ PPI (05:00 NY Time) No Traade -- With lower German PPI offset by stronger French PPI, this month’s eZ report is a tough call.

Economic data Calls for 12.03.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 3, 2018) — Good Luck Trading!

1. AU PMI Mfg Index (16:30 NY Time) Bearish AUD -- Potential for downside surprise given weaker Chinese growth

2. NZ Terms of Trade Q3 (16:45 NY Time) Bearish NZD -- Potential for downside surprise given significantly weaker trade balance

3. EZ PMI Revisions (03:55 NY Time) No Trade -- Revisions are difficult to predict but changes can be market moving

4. UK PMI Mfg Index (04:30 NY Time) Bullish GBP -- Potential for upside surprise given stronger CBI Industrial trends index

5. US ISM Mfg Index (08:30 NY Time) Bullish USD -- Potential for upside surprise given stronger Chicago PMI and Philly Fed

Economic Data Calls for 11.30.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 30, 2018) — Good Luck Trading!

1. EZ CPI estimate ( 5:00 NY Time) Bearish EUR -- Potential for downside surprise given drop in German CPI

2. CAD GDP (08:30 NY Time) Bearish CAD -- Potential for downside surprise in quarterly report due to weaker retail sales

3. US Chicago PMI (09:45 NY Time) Bearish USD -- Potential for downside surprise given lower Philly Fed index

Economic Data Calls for 11.29.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 29, 2018) — Good Luck Trading!

1. GE Unemployment (03:55 NY Time) Bearish EUR -- Potential for downside surprise after PMIs report the lowest level of employment growth since May

2. UK Mortgage Approvals (04:30 NY Time) Bearish GBP -- Potential for downside surprise as housing market activity is likely to suffer under Brexit uncertainty

3. Eurozone Confidence (05:00 NY Time) Bearish EUR -- Potential for downside surprise given lower PMIs, ZEw and IFO

4. German CPI (08:00 NY Time) No trade -- Inflationary impact of weaker euro offset by drop in oil prices

5. CAD Current Account (08:30 NY Time) Bullish CAD -- Potential for upside surprise given sharp improvement in trade

6. Personal Spending and Income (08:30 NY Time) Bullish USD -- Potential for upside suprise given stronger spending and decent wage growth

7. Personal Spending and Income (08:30 NY Time) Bullish USD -- Potential for upside surprise given stronger spending and decent wage growth

8. FOMC Minutes (14:00 NY Time) Bullish USD -- Fed minutes likely to be hawkish

Economic Calls from Weekly 11.28.2018

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 28, 2018) — Good Luck Trading!

1. US Trade Balance & Q3 GDP revisions (08:30 NY Time) Bearish USD -- Potential for downside surprise in trade given lower ISM manufacturing index

2. US New Home Sales (10:00 NY Time) Bullish USD -- Potential for upside surprise given stronger existing home sales

Economic Data Calls for 11/21/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 21, 2018) — Good Luck Trading!

1. US Durable Goods Orders (8:30 NY Time) No Trade -- Durable goods orders are hrd to predict but can be market moving

2. Existing Home Sales and U. of Mich. Revision (10:00 NY Time) No Trade -- Home sales could improve slightly after prior decline and while interesting, these reports are only market moving if there is a major change

Economic Data Calls for 11/20/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 20, 2018) — Good Luck Trading!

1. RBA Nov. Meeting Minutes (19:30 NY Time) -- No Trade -- Likely to contain a hint of RBA optimism

2. GE PPI (2:00 NY Time) Bearish EUR -- Potential for downside surprise given slower increase in wholesale prices and CPI

3. US Housing Starts and Building Permits (19:30 NY Time) -- No Trade -- Housing data is difficult to predict but should be muted given rising rates