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Economic Data Calls for 7/16/18
Here’s what we are looking for in tomorrow’s economic reports (Jul 16, 2018) — Good Luck Trading!
1. NZ Services PMI (18:30 NY Time) -- Bearish NZD Potential weakness given Weaker Mfg PMI
2. CH GDP, Retail Sales and Industrial Production (22:00 NY Time) No Trade -- Chinese data is very market and growth is likely to have slowed due to Yuan weakness and trade tensions
3. EZ Trade Balance (5:00 NY Time) -- Bearish EUR Potential weakness given Weaker German and French trade balance
4. US Empire Manufacturing and Retail Advance (8:30 NY Time) -- Bearish USD Potential weakness given Wage growth slowed and Redbook reports drop in retail sales