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Economic Data Calls for 02.03.2016
Here’s what we are looking for in tomorrow’s economic reports (Feb 3, 2016) — Good Luck Trading!
1. AU Trade Balance (19:30 NY Time) Bearish AUD -- Potential downside surprise given drop in manufacturing PMI index
2. China Caixin PMI Composite (20:45 NY Time) No Trade -- Chinese data is difficult to predict
3. UK PMI Services (04:30 NY Time) Bullish GBP -- Potential upside surprise given rise in GfK confidence and PMI manufacturing
4. EZ Retail Sales (05:00 NY Time) No Trade -- Drop in German retail sales offset by rise in French spending
5. US ISN Non-Manufacturing (10:00 NY Time) Bullish EUR -- Potential upside surprise given rise in ISM manufacturing index