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Economic Data Calls for 08.01.2016
Here’s what we are looking for in tomorrow’s economic reports (Aug 1, 2016) — Good Luck Trading!
1. AU Performance of Manufacturing Index and CH PMI Report (19:30 and 21:00 NY Time) -- No Trade -- AU PMI is hard to predict, same with Chinese data which can be very market moving
2. GE and EZ Manufacturing PMI Report (3:55 and 4:00 NY Time) -- No Trade -- Revisions are difficult to predict but can be very market moving
3. UK Manufacturing PMI (4:30 NY Time) -- Bearish GBP -- Potential downside surprise given drop in CBI Index
4. US ISM Manufacturing Report (10:00 NY Time) -- Bearish USD -- Potential downside surprise given decline in Philly Fed and Empire State