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Economic Data Calls for 07.07.2015
Here’s what we are looking for in Monday’s economic reports (July 7, 2015) — Good Luck Trading!
1. RBA Rate Decision (12:30AM NY Time) No Trade -- Will be a big market mover for AUD. Most likely bearish
2. German Industrial Production (2AM NY Time) Bullish EUR -- Potential upside surprise given rise in PMI manufacturing index, new orders and export orders
3. UK Industrial Production (4:30AM NY Time) Bearish GBP -- Potential downside surprise given drop in PMI manufacturing index
4. CAD Trade Balance (8:30AM NY Time) Bearish CAD -- Potential downside surprise given drop in IVEY PMI index
5. US Trade Balance (8:30AM NY Time) Bullish USD -- Potential upside surprise given rise in PMI manufacturing index