Economic Data Calls for Dec 4, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 4, 2020) — Good Luck Trading!

1. AU Retail Sales (19:30 ET) Bullish AUD — Spending should snap back with restrictions easing in Victoria region
2. US Non-Farm Payrolls (08:30 ET) No Trade — NFPs are very market moving but best traded reactively
3. CAD Employment Report (08:30 ET) No Trade — Weaker job growth expected after blockbuster month but IVEY released after labor data so not much to go on

Economic Data Calls for Dec 3, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 3, 2020) — Good Luck Trading!

1. AU Trade Balance (19:30 ET) Bullish AUD — Stronger Australian PMI
2. GE & EZ PMI Revisions (03:55 ET) No Trade — Revisions are hard to predict but they can be market moving
3. UK PMI Services (04:30 ET) No Trade — Revisions are hard to predict but they can be market moving
4. EZ Retail Sales (05:00 ET) Bullish EUR — Stronger GE Retail sales
5. US ISM Services (10:00 ET) Bearish USD — Weaker ISM Mfg

Economic Data Calls for Dec 2, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 2, 2020) — Good Luck Trading!

1. NZ Terms of Trade (16:45 ET) Bearish NZD — Trade activity weakened in Q3
2. AU Q3 GDP (19:30 ET) No Trade — Growth is expected to recover in Q3 but extent of recovery is unknown
3. US Beige Book (14:00 ET) No Trade — We do not trade reports but likely to be more cautious

Economic Data Calls for Dec 1, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 1, 2020) — Good Luck Trading!

1. AU PMI Manufacturing (16:30 ET) Bullish AUD — Likely to be stronger given reopening of Victoria region
2. RBA Rate Decision (00:30 ET) No Trade — No changes expected from RBA
3. German Unemployment and EZ CPI (03:55 and 5:00 AM ET) Bearish EUR — Low inflation is a big problem for Eurozone and lockdowns are expected to lead to job losses in Nov
4. CAD Q3 GDP (08:30 ET) Bullish CAD — Growth in Q3 is expected to be much stronger than Q2
5. US ISM Manufacturing (10:00 ET) Bearish USD — Potential downside surprise given drop in Philadelphia and Empire State manufacturing surveys

Economic Data Calls for November 24, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 24, 2020) — Good Luck Trading!

1. GE GDP Revision (02:00 ET) No Trade — Revisions are hard to predict but can be market moving
2. GE IFO Report (04:00 ET) Bearish EUR — Lockdowns and virus spread should dampen economic activity & sentiment
3. US Consumer Confidence Index (10:00 ET) Bearish USD — Lockdowns and virus spread should dampen economic activity & sentiment

Economic Data Calls for November 23, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 23, 2020) — Good Luck Trading!

1. NZ Retail Sales Q3 (16:45 ET) Bullish NZD — Spending should have recovered in Q3
2. AU CBA PMIs (17:00 ET) No Trade — While AU outlook is better global outlook is grim
3. EZ and GE PMIs (03:30 ET) Bearish EUR — Lockdowns and virus spread should dampen economic activity & sentiment
4. UK PMIs (04:30 ET) Bearish GBP — Lockdowns and virus spread should dampen economic activity & sentiment

Economic Data Calls for November 18, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 18, 2020) — Good Luck Trading!

1. UK CPI (02:00 ET) Bullish GBP — Slightly stronger BRC shop prices
2. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes can be important
3. US Housing Starts and Building Permits (08:30 ET) No Trade — Housing activity should continue to improve but tough call
4. CA CPI (08:30 ET) Bullish CAD — Increase in price component of IVEY PMI