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Economic Data Calls for 8/15/17
Here’s what we are looking for in tomorrow’s economic reports (Aug 15, 2017) — Good Luck Trading!
1. RBA Rate Meeting Minutes (21:30 NY Time) -- Bearish AUD -- Potential for downside surprise given RBA lowered GDP forecasts
2. GE GDP (02:00 NY Time) -- No Trade -- Revisions to GDP are hard to predict but can be market moving
3. UK CPI, RPI and PPI (04:30 NY Time) -- Bearish GBP -- Potential for downside surprise given Drop in shop prices but rise in price component of PMI services, slower price growth in manufacturing
4. US Empire Manufacturing and Retail Sales (08:30 NY Time) -- Bullish USD -- Potential for upside surprise given Stronger average hourly earnings, higher gas prices