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Here’s what we are looking for in tomorrow’s economic reports (Nov 2, 2017) — Good Luck Trading!
1. AU Trade Balance and Building Approvals (20:30 NY Time) Bearish AUD – Potential for downside surprise given drop in manufacturing PMI
2. GE Unemployment Change and Claims Rate, GE Manufacturing PMI and EZ Manufacturing PMI (4:55 and 5:00 NY Time) Bullish EUR – Potential for upside surprise given Employment best since May with specific strength in manufacturing
3. BoE Rate Decision (8:00 NY Time) – No Trade – Rate decisions are best traded reactively