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Economic Data Calls for 11.16.2015
Here’s what we are looking for in Monday’s economic reports (Nov 16, 2015) — Good Luck Trading!
1. NZ PMI Services and Retail Sales (4:30PM NY Time Sunday) Bearish NZD -- Potential downside surprise given drop in PMI manufacturing and employment
2. Japanese Q3 GDP (6:50PM NY Time Sunday) Bearish JPY -- Potential downside surprise given drop in retail sales & trade activity
3. EZ CPI (5AM NY Time) Bearish EUR -- Potential downside surprise since low inflation is a problem for the ECB
4. US Empire State Survey (8:30AM NY Time) No Trade -- First manufacturing report is difficult to predict