Economic Data Calls for 8/31/17

Here’s what we are looking for in tomorrow’s economic reports (Aug 31, 2017) — Good Luck Trading!

1. CH Manufacturing and Non-Manufacturing PMI (21:00 NY Time) -- No Trade -- Chinese PMIs are very market moving but hard to predict

2. GE Unemployment Change and EZ Unemployment Rate (3:55 and 5:00 NY Time) -- Bearish EUR -- Potential for downside surprise Marginal slowdown in job growth

3. CA GDP (8:30 NY Time) -- Bearish CAD -- Potential for downside surprise given Weaker retail sales and trade balance

4. US Personal Income and Spending (8:30 NY Time) -- Bullish USD -- Potential for upside surprise given Wages up, retail sales up

5. US Chicago PMI and Pending Home Sales (9:45 and 10:00 NY Time) -- Bullish USD -- Potential for upside surprise given Empire much stronger, Philadelphia Fed index basically unchanged
Weekly Calendar Calls

Leave a Comment

Your email address will not be published. Required fields are marked *