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Economic Data Calls for 1/20/17
Here’s what we are looking for in tomorrow’s economic reports (Jan 20, 2017) — Good Luck Trading!
1. CH GDP, Industrial Production and Retail Sales (4:30 NY Time) No Trade -- Chinese data is difficult to predict but extremely market moving
2. GE PPI (2:00 NY Time) Bullish EUR -- Potential for upside surprise given rise in wholesale prices
3. UK Retail Sale (4:30 NY Time) Bullish GBP -- Potential for upside surprise given stronger BRC retail sales, shop prices and confidence
4. CA CPI and Retail Sales (8:30 NY Time) Bullish CAD -- Potential for upside surprise given stronger wholesale sales and IVEY prices