Economic Data Calls for December 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (December 3, 2019) — Good Luck Trading!

1. AU Trade and Retail Sales (19:30 ET) Bearish AUD — Potential downside surprise given weaker manufacturing PMI and significant drop in sales component of PSI

2. EZ Retail Sales and Q3 GDP Revisions (05:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

3. US Trade Balance (08:30 ET) Bearish USD — Potential downside surprise given weaker manufacturing ISM

4. CAD IVEY PMI (10:00 ET) Bullish CAD — Steady outlook from BoC suggests improvement in IVEY

Economic Data Calls for December 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (December 3, 2019) — Good Luck Trading!

1. Q3 GDP and PMI Services (16:30 & 19:30 ET) Bullish AUD — Potential upside surprise given RBA outlook, stronger retail sales and trade in Q3. Services on the other hand could be softer given drop in PMI manufacturing

2. EZ PMI Revisions (05:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

3. ADP Employment Change (08:15 ET) No Trade — ADP is market moving but difficult to handicap

4. Bank of Canada Rate Decision (10:00 ET) No Trade — Rate decisions are best traded reactively

5. US ISM Non-Manufacturing (10:00 ET) Bearish USD — Potential downside surprise given sharp disappointment in manufacturing ISM

Weekly Forex Trading Calendar for November 4, 2019

Weekly Calendar Calls

We have just posted our weekly news trading calendar for the week of Nov 4, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.

PDF version of calendar110419

Excel version of calendar110419

Economic Data Calls for November 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (November 4, 2019) — Good Luck Trading!

1. AU Retail Sales Monthly & Quarterly (19:30 ET) Bullish AUD — Stronger employment and rise in sales component of PSI

2. EZ & GE PMI Manufacturing Revisions (03:55 ET) No Trade — Revisions are hard to predict but changes could be market moving

3. AU PMI Services (16:30 ET) Bullish AUD — Potential downside surprise given significantly weaker PMI manufacturing index

Economic Data Calls for October 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Oct 4, 2019) — Good Luck Trading!

1. AU Retail Sales (21:30 ET) Bullish AUD — Potential upside surprise given rise in sales component of PSI

2. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls is very difficult to predict but extremely market moving

3. CAD Trade and IVEY PMI (08:30 & 10:00 ET) Bullish CAD — Potential improvement in trade given rise in Aug IVEY PMI

Economic Data Calls for Sept 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 4, 2019) — Good Luck Trading!

1. AU Q2 GDP (21:30 ET) No Trade — GDP difficult to predict because while trade activity was strong, retail sales was weak

2. EZ PMIs (03:55 ET) No Trade — Revisions are difficult to predict but changes can be market moving

3. UK PMI Services and Composite (04:30 ET) Bearish GBP — Potential downside surprise given weaker manufacturing activity and consumer confidence

4. EZ Retail Sales (05:00 ET) Bearish EUR — Likely to be weaker given drop in German retail sales

5. CAD Trade Balance (08:30 ET) Bullish CAD — Potential upside surprise given stronger IVEY in July

6. US Trade Balance (08:30 ET) Bearish USD — Potential weakness given drop in ISM manufacturing index

7. Bank of Canada Rate Decision (10:00 ET) No Trade — Rate decisions can be very market moving but best traded reactively

8. US Beige Book (14:00 ET) No Trade — Reports are difficult to trade but Fed outlook likely to be cautious

Economic Data Calls for June 4, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 4, 2019) — Good Luck Trading!

1. NZ Terms of Trade (18:45 ET) Bullish GBP -- Potential upside surprise given improvement in NZ Q1 trade data

2. AU Retail Sales (21:30 ET) Bullish AUD -- Potential upside surprise given rise in sales component of PSI

3. RBA Rate Decision (04:30 ET) Bearish AUD -- RBA needs to cut interest rates and could signal plans to ease further

4. EZ Unemployment & Core CPI (05:00 ET) No Trade -- Mixed data from Germany and France with Germany reporting higher unemployment rate, higher CPI. In France, CPI dropped

5. US Factory Orders & Durable Goods (08:30 ET) No Trade -- Durable goods and factory orders are difficult to predict but changes will be market moving