Economic Data Calls for December 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (December 18, 2019) — Good Luck Trading!

1. German PPI and IFO (02:00 & 04:00 ET) Bearish EUR — Potential downside surprise given drop in factory orders and industrial production

2. UK CPI (04:30 ET) Bearish GBP — Manufacturing and services reporting weaker price growth

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

4. NZ GDP (16:45 ET) Bullish NZD — Significant improvement in trade balance and retail sales

Economic Data Calls for Sept 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 18, 2019) — Good Luck Trading!

1. UK CPI (04:30 ET) Bearish GBP — Potential downside surprise give lower prices in services and manufacturing sector

2. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes market moving

3. US Housing Starts & Building Permits (08:30 ET) No Trade — Housing data is hard to predict but prospect of rate cut should support activity

4. CAD CPI (08:30 ET) Bearish CAD — Potential downside surprise give lower price component of IVEY PMI

5. FOMC Rate Decision (14:00 ET) No Trade — Fed expected to cut rates but guidance is key

Economic Data Calls for July 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 18, 2019) — Good Luck Trading!

1. AU Employment Report (21:30 ET) Bearish AUD — Potential downside surprise given drop in employment component of services and manufacturing PMI

2. UK Retail sales (04:30 ET) Bearish GBP — Potential downside surprise given drop in consumer confidence, BRC retail sales and shop prices but wage growth increased

3. US Philadelphia Fed Index (08:30 ET) Bullish USD — Potential upside surprise given rebound in Empire state survey

Economic Data Calls for June 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 18, 2019) — Good Luck Trading!

1. RBA Minutes (23:30 ET) Bearish AUD — RBA minutes should be negative for AUD as they explain the rationale for the recent rate cut

2. GE PPI (02:00 ET) Bearish EUR — Potential downside surprise given drop in CPI and lower wholesale price growth

3. EZ Trade Balance & CPI (05:00 ET) Bearish EUR — Potential downside surprise as trade & CPI weakened in Germany

4. GE ZEW (05:00 ET) Bearish EUR — We are not looking for any material improvement in confidence given heightened trade uncertainty

5. US Housing Starts & Building Permits (08:30 ET) Bearish USD — Housing data is hard to predict but decline in stocks could hurt activity

Economic Data Calls for April 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 18, 2019) — Good Luck Trading!

1. AU Employment (21:30 ET) No Trade – The manufacturing sector reports labor market weakness. The service sector reports strength so this month’s release is difficult to predict.

2. EZ PMIs (03:30 & 04:30 ET) No Trade – This month’s PMIs are hard to predict because industrial production accelerated but factory orders weakened. The ZEW was also mixed p>

3. UK Retail Sales (04:30 ET) Bearish GBP – Potential downside given lower CPI and BRC sales

4. CAD Retail Sales (08:30 ET) Bullish CAD – Potential upside given sharp rise in wholesale sales and strong job growth in Feb

5. US Retail Sales (08:30 ET) Bullish USD – Potential upside given stronger gas prices and uptick in Redbook retail sales

Economic Data Calls for Jan 18, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 18, 2019) — Good Luck Trading!

1. EZ Current Account (04:00 NY Time) No Trade – Stronger German current account activity offset by weaker French activity

2. UK Retail Sales (04:30 NY Time) No Trade – UK retail sales is a tough call this month because rise in shop prices is offset by a lower retail sales report according to the British Retail Consortium

3. CA CPI (08:30 NY Time) Bullish CAD – Potential upside surprise given rise in prices according to IVEY PMI

4. University of Michigan Consumer Sentiment Index (10:00 NY Time) Bearish USD – Potential downside surprise given equity market volatility which could have taken a toll on sentiment