Economic Data Calls for Dec 19, 2018

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Dec 18, 2018) — Good Luck Trading!

1. German PPI (02:00 NY Time) Bearish EUR – Potential for downside surprise as wholesale prices fell

2. UK CPI (04:30 NY Time) No trade – Shop prices increased according to BRC but inflation is falling globally

3. US Current Account Balance Q3 (08:30 NY Time) Bearish USD – Potential for downside surprise given weaker trade activity

4. CAD CPI (08:30 NY Time) Bearish CAD – Potential for downside surprise given sharp drop in price component of Ivey

5. US Existing home sales (10:00 NY Time) Bearish USD – Potential for downside surprise given rising interest rates

6. FOMC Rate Decision (14:00 NY Time) No trade – Super high volatility but Fed likely to be less hawkish

7. NZ TRADE BALANCE & Q3 GDP (16:45 NY Time) Bearish NZD – Potential for downside surprise given significantly weaker retail sales trade and weaker manufacturing activity

Weekly Forex Trading Calendar for Week of Dec 17, 2018

by Kathy Lien 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