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Economic Data Calls for 07.07.2016
Here’s what we are looking for in tomorrow’s economic reports (July 7 2016) — Good Luck Trading!
1. German Industrial Production SA MoM (2:00 NY Time) -- Bullish EUR -- Potential upside surprise as factory orders stabilized after falling sharply in May
2. UK Industrial Production (4:30 NY Time) -- Bullish GBP -- Potential upside surprise given Rise in manufacturing PMI
3. ECB account of the monetary policy meeting (7:30 NY Time) -- -- No Trade -- We do not trade minutes
4. ADP Employment Change (8:15 NY Time) -- No Trade -- Will be very market moving but ADP is hard to call
5. Ivey Purchasing Managers Index SA (10:00 NY Time) -- Bullish CAD -- Potential upside surprise given that oil prices remained high in June