Economic Data Calls for July 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 17, 2019) — Good Luck Trading!

1. UK CPI (04:30 ET) No Trade — Prices mixed according to services and manufacturing PMI. Input prices strong, output prices weaker

2. EZ CPI (22:00 ET) Bullish EUR — Potential upward surprise given stronger German and French CPI

3. CAD CPI (08:30 ET) Bearish CAD — Potential downside surprise given drop in price component of IVEY PMI

4. US Housing Starts & Building Permits (08:30 ET) Bullish USD — Prospect of lower interest rates should help housing

5. Fed Beige Book (14:00 ET) No trade — Reports are difficult to predict and best traded reactively

Economic Data Calls for June 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 17, 2019) — Good Luck Trading!

1. NZ PMI Services Report (18:30 ET) Bearish NZD -- Potential downside surprise given lower manufacturing PMI and slower AU + Chinese growth

2. US Empire State (08:30 ET) Bearish USD -- Potential downside surprise given stronger dollar and weaker momentum in US economy

Economic Data Calls for April 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 16, 2019) — Good Luck Trading!

1. NZ CPI (18:45 ET) Bullish NZD -- Potential upside surprise given stronger food & commodity prices in Q1

2. Chinese Q1 GDP and Retail Sales (22:00 ET) No Trade -- Chinese data is very market moving but hard to predict

3. EZ Current account (04:00 ET) Bearish EUR -- Potential downside because of weaker German & French current account balance

4. UK CPI (04:30 ET) Bullish GBP -- Potential upside given rise in BRC shop price index

5. EZ Trade Balance & CPI (05:00 ET) Bullish EUR -- Potential upside given rise German & French trade balances

6. CAD CPI and Trade Balance (08:30 ET) Bullish CAD -- Potential upside given rise in IVEY PMI

7. US Trade Balance (08:30 ET) Bullish USD -- Potential upside given rise in manufacturing ISM

8. US Fed Beige Book (14:00 ET) No Trade -- Reports are hard to predict and best traded reactively

Economic Data Calls for Jan 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 17, 2019) — Good Luck Trading!

1. EZ CPI (05:00 NY Time) No Trade -- Revisions are difficult to predict but changes can be market moving

2. US Housing starts, Building Permits & Philly Fed (08:30 NY Time) Bearish USD -- Potential for downside surprise given rise in interest rates and drop in Empire state index

3. NZ Business PMI index (16:30 NY Time) Bearish NZD -- Manufacturing weakness in Australia and China could carry over to New Zealand

Weekly Forex Trading Calendar for Week of Dec 17, 2018

Weekly Calendar Calls

We have just posted our weekly news trading calendar for the week of Dec 17 2018. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.

Excel version of calendar121718

PDF version of calendar121718

Today’s Trading Plan 09.22. 17 – USDCAD, EURUSD

Swing

*Good morning/afternoon everyone!*

There are no U.S. economic reports scheduled for release today but the dollar continues to give back its gains as yields take another tumble this morning. Stronger than expected Eurozone PMIs and benign comments from ECB President Draghi helped EUR/USD hit 1.20 this morning. Although the pair has since lost some of its momentum, it could make another run for this level. Prime Minister May’s Brexit speech is today and sterling is steady ahead of the event. The Canadian dollar is also firm ahead of this morning’s Canadian retail sales and CPI reports. We’ll be live trading these 2 pieces of data at 8:15 NY / 12:15 (please join us). USD/JPY is trying to claw back but it is not clear whether it will be able to so keep an eye on U.S. yields. If the 10 year rate rebounds and is down less than 1.5bp, we could see a dollar bulls regain control.

*The MAIN THEMES I see today are*

+CAD
+EUR
+AUD
+NZD
+GBP

*Trading Biases*

+CAD, +EUR, +GBP
mildly -USD
mildly +AUD, +NZD
neutral JPY, CHF

*Today’s Ideas*

1. Buy EURUSD at 1.1969, Stop at 1.1939, Target 1.1989
2. Sell USDCAD at 1.2272, Stop at 1.2300, Target 1.2252

Cancel ALL pending orders by 3:30PM NY / 19:30 GMT / 5:30AM AEST
Close ALL open day trades by 4PM NY / 20 GMT / 6AM AEST