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Economic Data Calls for 12.23.2015
Here’s what we are looking for in tomorrow’s economic reports (Dec 23, 2015) — Good Luck Trading!
1. UK GDP (04:30 NY Time) No Trade -- GDP Revisions are difficult to predict
2. CAD GDP (08:30 NY Time) Bearish CAD -- Potential downside surprise given sharp drop in wholesale trade and weaker trade / retail activity
3. Personal Income / Spending / Durable Goods / New Home Sales (08:30 & 10:00 NY Time) No Trade -- Average hourly earnings growth slows, retail sales rises slightly. Lots of data, holiday mode, best NOT to trade