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Here’s what we are looking for in tomorrow’s economic reports (Dec 12, 2017) — Good Luck Trading!
1. UK CPI, RPI and PPI (4:30 NY Time) – Bullish GBP – Potential for upside surprise given PMIs show rise in manufacturing and service sector prices. BRC shop prices unchanged
2. GE ZEW Survey (5:00 NY Time) – No Trade – Investor sentiment is hard to predict and best traded reactively
3. US PPI Final Demand (8:30 NY Time) – Bearish USD – Potential for downside surprise given Weaker import and export prices