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Economic Data Calls for 12/05/16
Here’s what we are looking for in tomorrow’s economic reports (Dec 5, 2016) — Good Luck Trading!
1. AU Services PMI (17:30 NY Time) Long AUD -- Potential for upside surprise given stronger AU Manufacturing PMI
2. GE and EZ Services and Composite PMI (3:55 and 4:00 NY Time) No Trade -- Revisions are difficult to predict but can be market moving
3. UK Services and Composite PMI (4:30 NY Time) Short GBP -- Potential for downside surprise given weaker PMI manufacturing
4. EZ Retail Sales (5:00 NY Time) Long EUR -- Potential for upside surprise given sharp rise in GE and FR spending
5. US ISM Non-Manufacturing Composite (10:00 NY Time) Bullish USD -- Potential for upside surprise given Stronger ISM mfg and NFP