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Economic Data Calls for 10/28/16
Here’s what we are looking for in tomorrow’s economic reports (Oct 28, 2016) — Good Luck Trading!
1. AU PPI (20:30 NY Time) Bullish AUD -- Potential for upside surprise given better than expected CPI data
2. EZ Economic Confidence (5:00 NY Time) Bullish EUR -- Potential for upside surprise given stronger ZEW and IFO data
3. GE CPI (8:00 NY Time) Bearish EUR -- Potential for downside surprise given drop in German PPI
4. US GDP (8:30 NY Time) -- No Trade -- Lower retail sales offset by stronger trade balance. Higher forecasts
5. US U of Mich Report Revision (10:00 NY Time) -- No Trade -- Revisions are difficult to predict but can be market moving