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Here’s what we are looking for in tomorrow’s economic reports (Nov 16, 2017) — Good Luck Trading!
1. AU Consumer Inflation Expectations and Employment Report (19:00 and 19:30 NY Time) Bullish AUD – Potential for upside surprise given Stronger manufacturing and services employment. Construction weaker
2. UK Retail Sales (4:30 NY Time) Bearish GBP – Potential for downside surprise given Sharp drop in BRC retail sales and prices remained negative
3. EZ CPI (5:00 NY Time) Bearish EUR – Potential for downside surprise given drop in GE CPI Revision
4. US Philadelphia Fed Business Outlook (8:30 NY Time) Bearish USD – Potential for downside surprise given drop in Empire State Manufacturing