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Economic Data Calls for 10/25/18
Here’s what we are looking for in tomorrow’s economic reports (Oct 25, 2018) — Good Luck Trading!
1. NZD Trade Balance (17:45 NY Time) Bearish NZD -- Potential for downside given Weaker manufacturing PMI index
2. GE IFO Report (4:00 NY Time) Bearish EUR -- Potential for downside given weaker PMI’s, ZEW lower. IP down, factory orders up
3. ECB Rate Decision (7:45 NY Time) -- No Trade -- ECB could express hawkish outlook on inflation
4. Advance Goods Trade Balance, Durable Goods Orders, Pending Home Sales (8:30 and 10:00 NY Time) -- No Trade -- Durable goods and pending home sales are hard to predict and best traded reactively