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Economic Data Calls for 07.22.2016
Here’s what we are looking for in tomorrow’s economic reports (July 22, 2016) — Good Luck Trading!
1. German PMI (3:30 NY Time) -- Bearish EUR -- Potential downside surprise given weaker industrial production and flat factory orders
2. UK PMI (4:30 NY Time) -- Bearish GBP -- Special one off report post Brexit isn’t likely to be positive for the currency
3. CA Retail Sales and CPI (8:30 NY Time) -- No Trade -- No Trade After Stronger Wholesale Sales and Weakened Employment
4. US Markit US Manufacturing PMI (9:45 NY Time) -- Bearish USD -- Potential downside surprise given weaker Empire Manufacturing and Philly Fed