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Here’s what we are looking for in tomorrow’s economic reports (Mar 9, 2018) — Good Luck Trading!
1. GE Trade Balance and Industrial Production (2:00 NY Time) Bearish EUR – Potential for downside surprise given drop in factory orders, manufacturing activity deteriorated in Jan and Euro was strong
2. UK Visible Trade Balance, Industrial and Manufacturing Production (4:30 NY Time) Bearish GBP – Potential for downside surprise given Slightly weaker manufacturing activity
3. US Change in Non-Farm Payroll (8:30 NY Time) – No Trade – Non-farm payrolls is very market moving but hard to predict and best traded reactively
4. CA Employment Report (8:30 NY Time) Bullish CAD – Potential for upside surprise given stronger IVEY PMI