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Economic Data Calls for 01.15.2016
Here’s what we are looking for in tomorrow’s economic reports (Jan 15, 2016) — Good Luck Trading!
1. Eurozone Trade Balance (05:00 NY Time) No Trade -- Tough call because weaker GE trade offset by stronger FR trade
2. US Retail Sales (08:30 NY Time) Bearish USD -- Potential downside surprise given drop in commodity prices, gas prices and the Redbook retail sales index
3. University of Michigan Index (10:00 NY Time) Bullish USD -- Potential upside surprise given rise in IBD/TIPP Index