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Here’s what we are looking for in tomorrow’s economic reports (Nov 22, 2017) — Good Luck Trading!
1. UK Chancellor Presents Budget to Parliament (7:30 NY Time) – No Trade – Could be market moving but difficult to predict
2. US Durable Goods Orders and U. of Mich. Revision (8:30 and 10:00 NY Time) – No Trade – US data dump. Could trigger pre-holiday profit taking. But durable goods and revisions to University of Michigan Index are difficult to predict
3. FOMC Meeting Minutes (14:00 NY Time) – No Trade – Likely to be hawkish but we do not trade minutes
4. NZ Retail Sales Ex. Inflation (16:45 NY Time) Bearish AUD – Potential for downside surprise given Weaker credit card spending