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Our Economic Data Projections 12.17.2014
Here’s what we are looking for in tomorrow’s economic reports (December 17, 2014) -- Good Luck Trading!
1. BoE Minutes (4:30AM ET) Bullish GBP -- Potential upside surprise given rise in employment component of Manufacturing, Services and Construction Sector PMI
2. US Consumer Prices (8:30AM ET) Bearish USD -- Potential downside surprise given drop in gas prices and weaker PPI
3. US FOMC Rate Decision (2PM ET) No Trade -- Will be extremely market moving but we do not trade rate decisions
4. NZ Q3 GDP (4:45PM ET) No Trade -- Sharp rise in retail sales offset by sharp drop in trade balance