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Here’s what we are looking for in tomorrow’s economic reports (Jan 22, 2019) — Good Luck Trading!
1. UK Employment Report (04:30 NY Time) Bearish GBP – Potential downside surprise as job growth slows in services and construction. There was a particularly significant drop in services
2. GE ZEW (05:00 NY Time) Bearish EUR – Potential downside surprise as recent deterioration in EZ data could hit investor confidence
3. US Existing home sales (10:00 NY Time) Bearish USD – Potential downside surprise as rising interest rates curb housing demand
4. NZ CPI (16:45 NY Time) Bearish NZD – Potential downside surprise as Lower food and energy prices dampen CPI