Economic Data Calls for January 29, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 29, 2020) — Good Luck Trading!

1. AU CPI (19:30 ET) Bullish AUD — Slightly softer University of Michigan sentiment index but stocks record highs

2. FOMC Rate Decision (14:00 ET) No Trade — No changes are expected but rate decisions are best traded reactively

3. NZ Trade Balance (16:45 ET) Bearish NZD — Potential downside surprise given sharp drop in PMI manufacturing index

Economic Calendar Calls for October 29, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (October 29, 2019) — Good Luck Trading!

1. US Consumer Confidence and Pending Home Sales (10:00 ET) No Trade — While low interest rates could support the housing market, new and existing home sales fell. The potential for deterioration should offset a possible uptick in confidence driven by higher stocks and UMich survey

Economic Data Calls for August 29, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 29, 2019) — Good Luck Trading!

1. German Unemployment Change (03:55 ET) Bearish EUR — Potential downside surprise as PMIs report weakest employment growth since August 2014

2. German CPI (08:00 ET) Bearish EUR — Potential downside surprise as PMIs report further softening in inflation pressures

3. Canadian Current Account Balance (08:30 ET) Bullish CAD — Potential dupside surprise given improvement in trade balance

3. US Q2 GDP Revisions (08:30 ET) No Trade — Revisions are difficult to predict but changes will be market moving

Economic Data Calls for March 29, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 29, 2019) — Good Luck Trading!

1. German Unemployment (04:55 ET) Bearish EUR – Potential downside surprise because according to PMIs, pace of job growth was slowest since May 2016

2. UK Q4 GDP Revisions (05:30 ET) No Trade – Revisions are hard to predict but changes are market moving

3. CAD GDP (08:30 ET) Bearish CAD – Potential downside surprise given very weak trade balance and retail sales

4. US Personal income & spending (08:30 ET) Bullish USD – Potential upside surprise given stronger wage growth and retail sales

5. US Chicago PMI, New Home Sales & University of Michigan Report (10:00 ET) Bullish USD – Potential upside surprise sharp rise in existing home sales and uptick in Philadelphia Fed survey

Economic Data Calls for Jan 29, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 29, 2019) — Good Luck Trading!

1. NZ Trade Balance (16:45 NY Time) Bullish NZD – Potential for upside surprise given rise in manufacturing PMI

2. US Consumer Confidence (10:00 NY Time) Bearish USD – Potential for downside surprise given sharp drop in University of Michigan Sentiment index