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Here’s what we are looking for in tomorrow’s economic reports (Feb 28, 2017) — Good Luck Trading!
1. EZ CPI (5:00 NY Time) Bearish EUR – Potential for downside surprise given lower German and FR CPI
2. US GDP Revision (8:30 NY Time) No Trade – Revisions to GDP is difficult to predict but changes are market moving
3. US Chicago PMI (9:45 and 10:00 NY Time) Bullish USD – Potential for upside surprise given Sharp rise in Empire and Philly Fed survey. Lower Umich. survey
4. NZ Terms of Trade Index (16:45 NY Time) Bearish NZD – Potential for downside surprise given Strong NZD, weaker dairy hurts trade