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Here’s what we are looking for in tomorrow’s economic reports (Oct 17, 2017) — Good Luck Trading!
1. NZ CPI (17:45 NY Time) – Bearish NZD – Potential for downside surprise given Much weaker food & commodity prices
2. UK CPI, RPI, PPI and House Price Index (4:30 NY Time) – Bullish GBP – Potential for upside surprise given Service and manufacturing sectors report stronger price pressures. Smaller decline in shop prices
3. EZ CPI and GE ZEW Survey (5:00 NY Time) – Bearish EUR – Potential for downside surprise given Investor sentiment may be slightly weaker given Spain’s troubles and prospect of ECB moves
4. US Industrial and Manufacturing Production (9:15 NY Time) – Bullish USD – Potential for upside surprise given Stronger ISM manufacturing