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Economic Data Calls for 07.21.2016
Here’s what we are looking for in tomorrow’s economic reports (July 21, 2016) — Good Luck Trading!
1. UK Retail Sales (4:30 NY Time) Bearish GBP -- Potential downside surprise given drop in BRC retail sales and shop prices
2. ECB Rate Decision (7:45 NY Time) -- No Trade -- Likely to be dovish but we don’t trade rate decisions
3. US Philly Fed Business Outlook Index (8:30 NY Time) -- Bearish USD -- Potential downside surprise given Drop in Empire State Manufacturing