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Economic Data Calls for 11/1/18
Here’s what we are looking for in tomorrow’s economic reports (Nov 1, 2018) — Good Luck Trading!
1. AU Manufacturing PMI and Trade Balance (18:30 and 21:30 NY Time) Bearish AUD -- Potential for downside surprise given Slower Chinese growth should take toll on PMI
2. UK PMI Manufacturing (5:30 NY Time) Bearish GBP -- Potential for downside surprise given Sharp drop in CBI index
3. BoE Rate Decision (8:00 NY Time) -- No Trade -- No changes expected to be made to BoE neutral outlook
4. US ISM Manufacturing (10:00 NY Time) -- No Trade -- Stronger Empire offset by Weaker Chicago PMI and Philly Fed