Economic Data Calls for 12/5/17

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 5, 2017) — Good Luck Trading!

1. AiG Services PMI, Retail Sales and Current Account Balance (17:30 and 19:30 NY Time) – Bullish AUD – Potential for upside surprise given Sharp rise in AU PMI manufacturing index

2. RBA Cash Rate Target (22:30 NY Time) – Sharp rise in AU PMI manufacturing index

3. EZ Services and Composite PMI’s (4:00 NY Time) – Revisions are difficult to predict but can be market moving

4. UK Services and Composite PMI’s (4:30 NY Time) – Bullish GBP – Potential for upside surprise given Rise in manufacturing PMI

5. EZ GDP and Retail Sales (5:00 NY Time) – GDP revisions is hard to predict but chances can be market moving

6. CA International Merchandise Sales (8:30 NY Time) – Bullish CAD – Potential for upside surprise given Sharp rise in Oct IVEY

7. US Non-ISM Manufacturing Composite (10:00 NY Time) – Bearish USD – Potential for upside surprise given Slightly weaker ISM manufacturing

Economic Data Calls for 1/25/17

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 25, 2017) — Good Luck Trading!

1. AU CPI (19:30 NY Time) – Bullish AUD – Potential for upside surprise given higher consumer inflation expectations

2. GE IFO Report (5:00 NY Time) – No Trade – PMI mixed but higher ZEW and lower GE IP & factory orders

3. NZ CPI (16:45 NY Time) – Bearish NZD – Potential for downside surprise given gas prices were up in December and PPI came in line with expectations