Economic Data Calls for 06.03.2016

Here’s what we are looking for in tomorrow’s economic reports (June 3, 2016) — Good Luck Trading!

1. AU PMI Services (19:30 NY Time) -- Bearish AUD -- Potential downside surprise given drop in PMI manufacturing and slower retail sales growth

2. China PMI Composite and Services (21:45 NY Time) -- No Trade -- Chinese data can be very market moving but hard to call

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

4. UK PMI Services (04:30 NY Time) -- Bullish GBP -- Potential upside surprise given stronger GfK and PMI Manufacturing

5. EZ Retail Sales (05:00 NY Time) -- Bearish EUR -- Potential downside surprise given sharp drop in GE retail sales and decline in FR spending

6. CAD Trade Balance (08:30 NY Time) -- Bullish CAD -- Potential upside surprise given rise in IVEY PMI and higher oil prices

7. Non-Farm Payrolls (08:30 NY Time) -- No Trade -- Will be very market moving but NFP is extremely volatile and best traded reactively

8. ISM Non-Manufacturing (10:00 NY Time) -- Bullish USD -- Potential upside surprise given rise in ISM manufacturing index

Weekly Calendar Calls

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