Economic Data Calls for 1/25/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 25, 2018) — Good Luck Trading!

1. IFO Business Report (4:00 NY Time) No Trade – Don’t expect much from IFO with ECB in a few hours

2. ECB Rate Decision (7:45 NY Time) No Trade – ECB best traded reactively but watch for euro concern

3. CA Retail Sales (8:30 NY Time) No Trade – Weaker Wholesale Trade Sales offset by Stronger Employment Data

4. Advance Trade Balance and New Home Sales (8:30 and 10:00 NY Time) Bullish USD – Potential for upside surprise given Trade deficit should narrow given stronger ISM manufacturing index, weaker dollar.