Economic Data Calls for July 19, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 19, 2019) — Good Luck Trading!

1. CAD Retail sales (08:30 ET) Bullish CAD — Potential upside surprise given rise in wholesale sales

2. US University of Michigan Consumer Sentiment Index (10:00 ET) Bullish USD — Potential upside surprise as stocks hit a record high as the Fed talked rate cuts

Economic Data Calls for July 18, 2019

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 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 July 15, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 15, 2019) — Good Luck Trading!

1. NZ PMI Services (18:30 ET) Bullish NZD — Potential upside surprise given rise in PMI manufacturing index

2. Chinese Q2 GDP (22:00 ET) No Trade — Chinese data is difficult to predict but can be verery market moving

3. US Empire State Manufacturing Index (08:30 ET) No Trade — Recovery expected after sharp drop previous month

Economic Data Calls for July 12, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 12, 2019) — Good Luck Trading!

1. Chinese Trade Balance (00:00 ET) No Trade — Chinese data is difficult to predict but can be market moving

2. EZ Industrial Production (05:00 ET) No Trade — Germany reported uptick in industrial production but the rise was less than expected

3. US Producer Price Index (08:30 ET) No Trade — CPI growth beat on a monthly basis but was weaker yoy

Economic Data Calls for July 11, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 11, 2019) — Good Luck Trading!

1. German Consumer Price Index (02:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

2. US Consumer Price Index (08:30 ET) Bearish USD — Potential downside surprise as gas prices fell in June but oil prices increased making it a tougher call

3. NZ PMI Manufacturing (18:30 ET) Bearish NZD — Potential downside surprise given sharp drop in business connfidence

Economic Data Calls for July 10, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 10, 2019) — Good Luck Trading!

1. UK Industrial Production (04:30 ET) Bearish GBP — Potential downside surprise because manufacturing PMI index dropped to its lowest level since 2013

2. Bank of Canada Rate Decision (10:00 ET) No Trade — No changes are expected from the Bank of Canada

3. FOMC Rate Decisions (14:00 ET) Bearish USD — FOMC minutes likely to be dovish given change in dot plot

Weekly Forex Trading Calendar for July 8, 2019

Weekly Calendar Calls

We have just posted our weekly news trading calendar for the week of July 8, 2019. 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.

PDF Version of CALENDAR070819

Excel Version of CALENDAR070819

Economic Data Calls for July 5, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 5, 2019) — Good Luck Trading!

1. US Non-Farm Payrolls (08:30 ET) No Trade — Fed officials have suggested that NFP will rebound after the big drop prior month but NFPs are always best traded reactively

2. CAD Employment Report (08:30 ET) No Trade — VEY PMI is released after CAD labor data so this month’s report is difficult to predict