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

1. AU Trade Balance (19:30 NY Time) Bearish AUD – Potential for downside surprise given Drop in PMI Manufacturing

2. EZ PPI and CPI Core (5:00 NY Time) Bullish EUR – Potential for upside surprise given stronger GE and FR CPI

3. US Change in Non-Farm Payrolls (8:30 NY Time) – No Trade – Non-farm Payrolls are volatile and hard to predict. Best traded reactively

4. CA International Merchandise Trade (8:30 NY Time) Bullish CAD – Potential for downside surprise given Slight weakness in Nov IVEY

5. CA Employment Report and IVEY PMI (8:30 and 10:00 NY Time) – No Trade – Pullback likely after the incredible strength experienced in December but IVEY released after labor data

6. ISM Non-Manufacturing Composite (10:00 NY Time) – No Trade – Not really significant post payrolls