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Here’s what we are looking for in tomorrow’s economic reports (Dec 2, 2016) — Good Luck Trading!
1. AU Retail Sales (19:30 NY Time) Bearish AUD -- Potential for downside surprise given Drop in sales component of PMI Services
2. EZ PPI (5:00 NY Time) Bullish EUR -- Potential for upside surprise given stronger GE PPI and stronger FR data
3. US Non-Farm Payrolls (8:30 NY Time) No Trade -- Non-farm payrolls is very market moving but difficult to predict. Best traded post data
4. CAD Employment Report (8:30 NY Time) No Trade -- IVEY released after CAD employment but we’re looking for uptick in fulltime jobs