Our Economic Data Projections for 12.23.2014

Here’s what we are looking for in tomorrow’s economic reports (December 23, 2014) -- Good Luck Trading!

1. New Zealand Trade Balance (4:45PM ET) Bearish NZD -- Potential downside surprise given decline in business PMI index and dairy prices

2. UK GDP (4:30AM ET) No Trade No revisions expected but if changes are made, will have a decent impact on GBP

3. CAD GDP (8:30 AM ET) Bullish CAD -- Potential upside surprise because of narrower trade surplus and weaker retail sales

4. US Durable Goods, GDP Revisions, UMich Survey New Home Sales, Personal Income and Personal Spending (From 8:30AM to 10:00AM ET) No Trade -While improvements are expected for most of these reports, trading should grind to a halt afterwards as market shifts to holiday mode. Best to avoid trading these reports

Weekly Calendar Calls

Leave a Comment

Your email address will not be published.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