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Our Economic Data Projections for 10.23.2014
Here’s what we are looking for in tomorrow’s economic reports (October 23, 2014) -- Good Luck Trading!
1. NZ CPI (5:45PM ET) Bearish NZD -- Potential downside surprise given drop in food prices during the third quarter
2. Chinese HSBC Manufacturing PMI (4:30AM ET) No Trade -- Should be very market moving but Chinese data is difficult to predict
3. Eurozone PMIs (3:30AM ET) Bearish EUR -- Potential downside surprise given steep decline in industrial production, factory orders and ZEW
4. UK Retail Sales (4:30AM ET) Bearish GBP -- Potential downside surprise given drop in BRC shop price index and BRC retail sales monitor