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Economic Data Calls for 8/7/18
Here’s what we are looking for in tomorrow’s economic reports (Aug 7, 2018) — Good Luck Trading!
1. RBA Cash Rate Target (00:30 NY Time) -- No Trade -- RBA likely to remain neutral.
2. GE Trade Balance, Current Account Balance and Industrial Production (2:00 NY Time) -- No Trade -- Drop in factory orders offset by rise in manufacturing PMI
3. CA IVEY PMI (10:00 NY Time) -- Bearish CAD -- Potential for downside surprise given Drop in Markit PMI