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Economic Data Calls for 12/9/16
Here’s what we are looking for in tomorrow’s economic reports (Dec 9, 2016) — Good Luck Trading!
1. GE Trade Balance (2:00 NY Time) No Trade -- Higher factory orders offset by lower industrial production and lower GE PMI
2. UK Trade Balance (4:30 NY Time) Bearish GBP -- Potential for downside surprise given lower industrial production data
3. US U. of Mich. Sentiment Report (10:00 NY Time) Bullish USD -- Potential for upside surprise given higher IBD/TIPP data