Economic Data Calls for March 11, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 11, 2020) — Good Luck Trading!

1. UK Monthly GDP Revisions, Industrial Production, Trade Balance (05:30 ET) No Trade — Rise in manufacturing PMI index but GDP growth could be weaker so tough call

2. US CPI (08:30 ET) Bearish USD — Potential decline in CPI given drop in gas prices

Economic Data Calls for March 6, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 6, 2020) — Good Luck Trading!

1. AU PMI Services and Retail Sales (16:30 and 19:30 ET) Bearish AUD — Likely to be weaker given RBBA rate cut, sharp drop in manufacturing PMI signals weakness in economy

2. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls is incredibly difficult to predict and the impact will be very market moving so best traded reactively

3. Canadian Employment Report (08:30 ET) No Trade — Canadian labor data is incredibly difficult to predict and the impact will be very market moving so best traded reactively

Economic Data Calls for March 4, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 4, 2020) — Good Luck Trading!

1. AU Q4 GDP (19:30 ET) No Trade — Stronger retail sales offset by weaker trade balance

2. German Retail Sales (02:00 ET) No Trade — French spending down sharply could reflect demand in Germany as well

3. Revisions to EZ PMIs (03:55 ET) No Trade — Revisions are difficult to predict but any changes will be market moving

4. Revisions to UK PMIs (04:30 ET) No Trade — Revisions are difficult to predict but any changes will be market moving

5. ADP Employment Change (08:15 ET) No Trade — ADP is an important preview to NPF but difficult to predict

6. Bank of Canada Rate Decision (10:00 ET) No Trade — Rate decisions are best traded reactively but dovishness expected

7. US Non-Manufacturing ISM Index (10:00 ET) Bearish USD — Potential downside surprise given weakness in US ISM Manufacturing

8. US Fed Beige Book (14:00 ET) No Trade — Beige book expected to reflect the caution of global businesses but we do not trade reports

Economic Data Calls for March 2, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 2, 2020) — Good Luck Trading!

1. AU PMI Manufacturing (16:30 ET) Bearish AUD — Likely to be weaker as the manufacturing sector should be hit by virus

2. Q4 NZ Terms of Trade (16:30 ET) Bullish CAD — Likely to be weaker given significantly weaker Q4 trade balance

3. Revisions to EZ PMI Manufacturing (03:55 ET) No Trade — Revisions are difficult to predict but changes will be market moving

4. Revisions to UK PMI Manufacturing (04:30 ET) No Trade — Revisions are difficult to predict but changes will be market moving

5. US ISM Manufacturing (10:00 ET) Bullish USD — Potential upside surprise given rise in Empire State and Philly Fed indices

Economic Data Calls for February 28, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (February 28, 2020) — Good Luck Trading!

1. GE Unemployment and CPI (03:55 & 08:00 ET) Bearish EUR — PPI was stronger but pace of employment growth was slowest in 21 months

2. CA Q4 GDP (08:30 ET) Bullish CAD — Slightly better trade data in Q4, slightly worse retail sales

3. US Personal Income and Personal Spending (08:30 ET) Bullish USD — Potential for upside surprise given slightly stronger spending and average hourly earnings

Economic Data Calls for February 27, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (February 27, 2020) — Good Luck Trading!

1. EZ Economic Confidence (05:00 ET) Bearish EUR — IFO was stronger but ZEW was weaker. Ultimately between Brexit and the virus, sentiment should be lower

2. CA Current Account Balance (08:30 ET) Bullish CAD — Slightly better trade data in Q4

3. US GDP revisions, Personal Income and Personal Spending (08:30 ET) No Trade — Revisions are difficult to predict but changes will be very market moving