Here’s what we are looking for in tomorrow’s economic reports (March 5, 2020) — Good Luck Trading!
1. AU Trade Balance (19:30 ET) Bearish AUD — Sharp drop in manufacturing PMI signals weakness in trade
2. AU PMI Services (16:30 ET) Bearish AUD — Sharp drop in manufacturing PMI and RBA rate cut signals potential weakness in services
Here’s what we are looking for in tomorrow’s economic reports (February 5, 2020) — Good Luck Trading!
1. EZ PMI Services (03:55 ET) No Trade — Revisions are difficult to predict but changes can be market moving
2. UK PMI Services (04:30 ET) No Trade — Unlikely to have changes but if they are made, market moving
3. EZ Retail Sales (04:30 ET) Bearish EUR — Very weak German and French retail sales
4. US Trade Balance (08:30 ET) Bullish USD — Potential upside given rise in ISM manufacturing
5. CAD Trade Balance (08:30 ET) Bearish CAD — Strong chance of decline given big drop in IVEY PMI
6. US ISM Manufacturing (10:00 ET) Bullish USD — Potential upside given rise in ISM manufacturing
Here’s what we are looking for in tomorrow’s economic reports (November 5, 2019) — Good Luck Trading!
1. AU PMI Services (16:30 ET) Bearish AUD — Potential downside rise given significantly weaker PMI manufacturing index
2. RBA Rate Decision (22:30 ET) No Trade — We do not trade rate decisions but RBA will most likely to dovish
3. UK PMI Composite and Services (04:30 ET) Bearish GBP — Potential downside surprise given drop in GfK confidence. However UK PMI Manufacturing index increased
4. EZ Producer Prices (05:00 ET) Bullish EUR — Potential upside surprise given rise in consumer price index
5. CAD Trade Balance (08:30 ET) Bearish CAD — Likely to be weaker given significant drop in IVEY PMI
6. US Trade Balance & ISM Non-Manufacturing (08:30 & 10:00 ET) Bearish USD — Rise in ISM but slightly weaker than prior month
7. NZ Q3 Employment Report (16:45 ET) No Trade — RBNZ has been cautious but labor data forecast is hard given improvement in Manpower but weakness in jobs component of manufacturing index
Here’s what we are looking for in tomorrow’s economic reports (Sept 5, 2019) — Good Luck Trading!
1. AU Trade Balance (21:30 ET) Bullish AUD — Potential upside surprise given stronger manufacturing activity
2. US ADP Report (08:15 ET) No Trade — ADP is hard to predict but can be market moving ahead of US NFP
3. US ISM Non-Manufacturing (10:00 ET) Bearish USD — Potential downside surprise given sharp decline in manufacturing activity
Here’s what we are looking for in tomorrow’s economic reports (Aug 5, 2019) — Good Luck Trading!
1. AU PMI Services (17:30 ET) Bullish AUD — Potential upside surprise given rise in manufacturing PMI
2. EZ PMI Revisions (04:00 ET) No Trade — Revisions are hard to predict but changes will be market movingp>
3. UK PMI Services (08:30 ET) Bearish GBP — Potential downside surprise given drop in consumer confidence and no improvement in manufacturring activity
4. US Non-Manufacturing ISM (10:00 ET) Bullish AUD — Wages are up, signs of improvement in manufacturing activity.
We have just posted our weekly news trading calendar for the week of August 5, 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.
Here’s what we are looking for in tomorrow’s economic reports (July 5, 2019) — Good Luck Trading!
1. US Non-Farm Payrolls (08:30 ET) No Trade — Fed officials have suggested that NFP will rebound after the big drop prior month but NFPs are always best traded reactively
2. CAD Employment Report (08:30 ET) No Trade — VEY PMI is released after CAD labor data so this month’s report is difficult to predict
Here’s what we are looking for in tomorrow’s economic reports (June 5, 2019) — Good Luck Trading!
1. AU PMI Services (18:30 ET) Bearish AUD – Weaker PMI manufacturing signals weaker PMI services
2. AU GDP (21:30 ET) Bullish AUD – Potential downside surprise given improvement trade & retail sales in Q1
3. UK PMI Services (04:30 ET) Bearish GBP – Potential downside surprise given sharp drop in PMI Mfg but confidence was higher
4. EZ PPI & Retail Sales (05:00 ET) No Trade – Conflicting data makes EZ reports hard to read. Stronger GE CPI. Lower FR CPI. French spending increased. GE fell.
5. US ADP (08:15 ET) No Trade – ADP is very important to hard to predict
6. US ISM Non-Manufacturing (10:00 ET) Bearish USD – Weaker ISM Manufacturing report
7. US Beige Book (14:00 ET) No Trade – We do not trade reports but likely more cautious
Here’s what we are looking for in tomorrow’s economic reports (April 5, 2019) — Good Luck Trading!
1. GE Trade & Current Account Balance (02:00 ET) No Trade – Sharp drop in German factory orders offset by rise in German Industrial Production
Here’s what we are looking for in tomorrow’s economic reports (March 5, 2019) — Good Luck Trading!
1. RBA RATE DECISION (22:30 ET) NO TRADE – Rate decisions are difficult to predict and best traded reactively – recent US China trade developments could give RBA cause for optimism
2. EZ PMIs (04:00 ET) NO TRADE – Revisions are difficult to predict but changes will be market moving
3. UK PMI Composite and Services (04:30 ET) Bearish GBP – Potential downside surprise given lower manufacturing PMI
5. EZ Retail sales (05:00 ET) Bearish EUR – Potential downside surprise given weaker German spending
6. US ISM Non-Manufacturing (10:00 ET) Bearish USD – Potential downside surprise given weaker Manufacturing ISM
Here’s what we are looking for in tomorrow’s economic reports (Feb 5, 2019) — Good Luck Trading!
1. AU PMI Services, Trade Balance & Retail Sales (18:30 & 21:30 ET) Bullish AUD – Potential for upside surprise given stronger manufacturing activity
2. RBA Rate Decision (02:30AM ET) No Trade – Rate decisions are best traded reactively. RBA could be a bit more cautious
3. EZ PMI Revisions (03:55 ET) No trade – Revisions are difficult to predict but if changes are made will be market moving
4. UK PMI Services & Composite (04:30 ET) Bearish GBP – Potential downside surprise given drop in manufacturing PMI index
5. EZ Retail Sales (05:00 ET) Bearish EUR – Potential downside surprise given drop in German & French retail sales
6. US Non-manufacturing ISM (10:00 ET) Bullish USD – Potential upside surprise given strong NFP
Here’s what we are looking for in tomorrow’s economic reports (January 5, 2020) — Good Luck Trading!
1. AU PMI Manufacturing Index (16:30 ET) Bearish AUD — Potential downside surprise given weaker business confidence and CBA data
2. Eurozone Services PMI Revisions (03:55 ET) No Trade — Revisions are difficult to predict but can be very market moving
3. UK Services PMI Revisions (04:30 ET) No Trade — Revisions are difficult to predict but can be very market moving
4. EZ PPI (05:00 ET) No Trade — Weaker German PPI offset by stronger French data
