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Economic Data Calls for 7/14/17
Here’s what we are looking for in tomorrow’s economic reports (July 14, 2017) — Good Luck Trading!
1. EZ Trade Balance (5:00 NY Time) Bullish EUR -- Potential for upside surprise given stronger GE Trade
2. US CPI, Retail Sales, Industrial and Manufacturing Production (8:30 and 9:15 NY Time) Bullish USD -- Potential for upside surprise given that wage growth and PPI rose
3. US U. of Mich. Sentiment Report (10:00 NY Time) Bearish USD -- Potential for downside surprise given IBD/TIPP index drops to 10 month low