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Economic Data Calls for 08.16.2016
Here’s what we are looking for in tomorrow’s economic reports (Aug 16, 2016) — Good Luck Trading!
1. UK PPI, RPI and PPI Report (4:30 NY Time) -- Bullish GBP -- Potential for upside surprise given smaller drop in BRC shop prices
2. EZ Trade Balance and ZEW Survey (5:00 NY Time) -- No Trade -- ZEW is hard to predict but stronger GE trade, weaker French trade
3. US Housing Prices, Building Permits, CPI Report and Industrial Production (8:30 and 9:15 NY Time) -- Bearish USD -- Starts and permits are hard to predict but gas prices fell steeply in July