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Here’s what we are looking for in tomorrow’s economic reports (Nov 14, 2017) — Good Luck Trading!
1. GE GDP and CPI (2:00 NY Time) – Bearish EUR – Potential for downside surprise given Significantly weaker retail sales, trade about even. CPI revisions are hard to predict.
2. UK CPI, RPI and PPI (4:30 NY Time) – No Trade – Manufacturing input/output prices accelerate. Prices higher in construction as well but weaker services prices
3. EZ GDP, Industrial Production and GE ZEW Survey (5:00 NY Time) – No Trade – ZEW is hard to predict. EZ GDP is released after GE GDP
4. US PPI Final Demand (8:30 NY Time) – Bullish USD – Potential for upside surprise given Sharp rise in import prices.