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Economic Data Calls for 07.26.2016
Here’s what we are looking for in tomorrow’s economic reports (July 26 2016) — Good Luck Trading!
1. NZ Trade Balance (18:45 NY Time) -- Bullish NZD -- Potential upside surprise stronger business manufacturing and PMI
2. US Markit PMI, Consumer Confidence and New Home Sales (9:45 & 10:00 NY Time) -- Bearish USD -- Potential downside surprise given lower consumer confidence, weaker manufacturing activity. Homes sales should rise though since existing home sales rose