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Economic Data Calls for 07.31.2015
Here’s what we are looking for in tomorrow’s economic reports (July 31, 2015) — Good Luck Trading!
1. AU PPI (9:30PM NY Time) Bullish AUD -- Potential upside surprise given sharp rise in import prices
2. EZ Unemployment and CPI Estimate (5AM NY Time) Bearish EUR -- Potential downside surprise given rise in GE Unemployment
3. CAD GDP (8:30AM NY Time) No Trade -- Tough call because rise in retail sales offset by drop in trade
4. US Chicago PMI & University of Michigan Index (9:45AM NY Time) No Trade -- Revisions to UMich is hard to predict and the same is true for Chicago because the rise in Empire was offset by drop in Philly Fed index