Economic Data Calls for Dec 19, 2018

Here’s what we are looking for in tomorrow’s economic reports (Dec 18, 2018) — Good Luck Trading!

1. German PPI (02:00 NY Time) Bearish EUR -- Potential for downside surprise as wholesale prices fell

2. UK CPI (04:30 NY Time) No trade -- Shop prices increased according to BRC but inflation is falling globally

3. US Current Account Balance Q3 (08:30 NY Time) Bearish USD -- Potential for downside surprise given weaker trade activity

4. CAD CPI (08:30 NY Time) Bearish CAD -- Potential for downside surprise given sharp drop in price component of Ivey

5. US Existing home sales (10:00 NY Time) Bearish USD -- Potential for downside surprise given rising interest rates

6. FOMC Rate Decision (14:00 NY Time) No trade -- Super high volatility but Fed likely to be less hawkish

7. NZ TRADE BALANCE & Q3 GDP (16:45 NY Time) Bearish NZD -- Potential for downside surprise given significantly weaker retail sales trade and weaker manufacturing activity
Weekly Calendar Calls

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