Economic Data Calls for January 31, 2020

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 31, 2020) — Good Luck Trading!

1. AU PPI (19:30 ET) Bullish AUD — Upside in CPI signals stronger PPI

2. Chinese PMIs (20:00 ET) No Trade — Will be very market moving but difficult to predict

3. German Retail Sales (02:00 ET) Bearish EUR — Pullback in spending expected after strong Nov

4. EZ Q4 GDP (05:00 ET) Bullish EUR — Stronger EZ retail sales and trade balance.

5. US Personal Income & Spending (08:30 ET) No Trade — Softer wage growth offset by stronger spending

6. CAD GDP (08:30 ET) Bullish CAD — Potential upside surprise given stronger retail sales and trade balance

7. US Revisions to University of Michigan Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

Economic Data Calls for December 31, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (December 31, 2019) — Good Luck Trading!

1. Chinese PMIs (20:00 ET) No Trade — Chinese data can be very difficult to predict but also very market moving

2. US Consumer Confidence (10:00 ET) Bullish USD — Strong stocks plus rise in the University of Michigan Index signal stronger report

Economic Data Calls for October 31, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (October 31, 2019) — Good Luck Trading!

1. Chinese PMIs (21:00 ET) No Trade — Chinese data is difficult to handicap but can be very market moving

2. Bank of Japan Rate Decision (00:00 ET) No Trade — No changes expected from Bank of Japan but rrate decisions can be market moving

3. EZ GDP Q3 and CPI (08:30 ET) Bearish EUR — Likely to be weaker given ECB dovishness and bold monetary actions in Sept

4. CAD GDP (08:30 ET) Bearish CAD — Likely to be weaker given softer retail sales and BoC dovishness

4. US Personal Income and Personal Spending (08:30 ET) Bearish USD — Likely to be weaker given stagnant wage growth and spending

Economic Data Calls for July 31, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 31, 2019) — Good Luck Trading!

1. Chinese PMIs (21:00 ET) No Trade — Chinese data can be very market moving but difficult to handicap

2. AU CPI (21:30 ET) Bearish AUD — Potential downside surprise give drop in significantly lower inflation expectations

3. GE Unemployment (03:55 ET) Bearish EUR — Potential downside surprise given sharp drop in employment component of PMIs to the lowest level since April 2015

4. EZ GDP Q2 (05:00 ET) Bearish EUR — Potential downside surprise given weaker retail sales in Q2

5. US ADP (08:15 ET) No Trade — ADP is hard to predict but can be very market moving in advance of NFP

6. CAD GDP (08:30 ET) Bearish CAD — Potential downside surprise given drop in retail sales and Bank of Canada dovishness

7. FOMC (14:00 ET) No Trade — Major market moving rate decision – best traded reactively

Economic Data Calls for Jan 31, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 31, 2019) — Good Luck Trading!

1. Chinese PMIs (20:00 NY Time) No Trade – Chinese data can be very market moving but hard to predict

2. German Unemployment & EZ Q4 GDP (03;00 & 05:00 NY Time) Bearish EUR – Potential for downside as employment growth eased to the slowest since Dec 2016. GDP growth should be weaker as well

3. US Personal Income & Spending (08:30 NY Time) Bullish USD – Potential for upside surprise given stronger wage growth and holiday spending

4. CAD Q4 GDP (08:30 NY Time) Bearish CAD – Potential for downside surprise given significantly weaker trade balance and retail sales

5. US Chicago PMI Index (09:45 NY Time) No Trade – Tough call as stronger manufacturing conditions in Philadelphia offset weaker activity in NY

Economic Data Calls for May 31, 2016

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 31, 2016) — Good Luck Trading!

1. GE Unemployment (03:55 NY Time) – Bullish EUR – Potential upside surprise given PMIs which show strongest job growth in 31 months

2. CAD GDP (08:30 NY Time) – Bearish CAD – Potential downside surprise given weaker trade balance and retail sales

3. US Personal Income and Spending (08:30 NY Time) – Bullish USD – Potential upside surprise given stronger retail sales and average hourly earnings

4. US Chicago PMI and Consumer Confidence (09:45 & 10:00 NY Time) – Bearish USD – Potential downside given lower Empire and Philadelphia fed manufacturing surveys but confidence could be higher given stronger University of Michigan Index