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Economic Data Calls for 11/4/16
Here’s what we are looking for in tomorrow’s economic reports (Nov 4, 2016) — Good Luck Trading!
1. RBA Monetary Policy Statement and AU Retail Sales (20:30 NY Time) -- Bullish AUD -- Potential for upside surprise given stronger services and manufacturing PMI
2. GE and EZ Services and Composite PMI Revisions (4:55 and 5:00 NY Time) -- No Trade -- Revisions generally happen but difficult to predict
3. US Trade Balance and Non-Farm Payrolls (8:30 NY Time) -- No Trade -- Non-Farm Payrolls is very volatile and best traded reactively
4. CAD Employment Report and IVEY PMI (8:30 and 10:00 NY Time) -- No Trade -- IVEY PMI released after employment report