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Here’s what we are looking for in tomorrow’s economic reports (Feb 10, 2017) — Good Luck Trading!
1. CH Trade Balance (00:00 NY Time) No Trade – Chinese data is difficult to predict but extremely market moving
2. UK Trade Balance, Industrial and Manufacturing Production (4:30 NY Time) Bearish GBP – Potential for downside surprise given manufacturing PMI index dropped slightly but remains near 2.5 year high. Growth from business abroad however slowed
3. CA Employment Report (8:30 NY Time) Bearish CAD – Potential for downside surprise given drop in IVEY PMI
4. US U. of Mich. Sentiment Report (10:00 NY Time) Bullish USD – Potential for upside surprise given IBD/TIPP index hits 10 year high