Economic Data Calls for March 6, 2020

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 6, 2020) — Good Luck Trading!

1. AU PMI Services and Retail Sales (16:30 and 19:30 ET) Bearish AUD — Likely to be weaker given RBBA rate cut, sharp drop in manufacturing PMI signals weakness in economy

2. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls is incredibly difficult to predict and the impact will be very market moving so best traded reactively

3. Canadian Employment Report (08:30 ET) No Trade — Canadian labor data is incredibly difficult to predict and the impact will be very market moving so best traded reactively

Economic Data Calls for January 6, 2020

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 6, 2020) — Good Luck Trading!

1. AU PMI Manufacturing (18:30 ET) Bearish AUD — Weaker business confidence & CBA PMIs for December

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

3. UK PMI Revisions (04:30 ET) No Trade –Revisions are difficult to predict but can be market moving

4. EZ PPI (05:00 ET) No Trade –Weaker German PPI offset by stronger French PPI

Economic Data Calls for December 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (December 6, 2019) — Good Luck Trading!

1. German Industrial Production (02:00 ET) Bearish EUR — Potential downside surprise given weaker factory orders

2. US Non-Farm Payrolls (08:30 ET) No Trade — NFPs are incredibly difficult to predict but can be market moving

3. Canadian Employment Report (08:30 ET) Bullish CAD — Potential upside surprise given stronger employment component of IVEY PMI

4. US University of Michigan Consumer Sentiment Index (10:00 ET) No Trade — Stocks hit record highs but trade uncertainty could dampen sentiment

Economic Data Calls for November 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (November 6, 2019) — Good Luck Trading!

1. AU Trade Balance (19:30 ET) Bearish AUD — Potential downside surprise significantly weaker PMI manufacturing

2. German Industrial Production (02:00 ET) Bullish EUR — Potential upside surprise stronger factory orders and upward revisions to PMIs

3. Bank of England Rate Decision (07:00 ET) No Trade — Rate decisions are beest traded reactively

Economic Data Calls for Sept 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Sept 6, 2019) — Good Luck Trading!

1. German Industrial Production (02:00 ET) Bearish EUR — Potential weakness given sharp drop in German factory orders

2. EZ GDP Revisions Q2 (05:00 ET) No Trade — Revisions are hard to predict but can be market moving if changes are made

3. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls will likely be weaker but best traded reactively

4. CAD Employment (08:30 ET) No Trade — IVEY PMI released after employment report so tough to determine which way employment numbers will fare

Economic Data Calls for Aug 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 6, 2019) — Good Luck Trading!

1. NZ Employment Report (18:45 ET) No Trade — Tough to predict this quarter because rise in Manpower employment index is offset by drop in business confidence and employment component of PMI

2. AU Trade Balance (21:30 ET) Bullish AUD — Potential upside surprise give rise in PMI Manufacturing index

3. RBA Rate Decision (00:30 ET) Bearish AUD — Rate decisions are best traded reactively but in the case of RBA, they are likely to be dovish, signaling the possibility of another rate cut this year

Economic Data Calls for June 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 6, 2019) — Good Luck Trading!

1. AU Trade Balance (21:30 ET) Bearish AUD – Potential downside surprise given drop in manufacturing PMI index

2. EZ GDP (05:00 ET) No Trade – Revisions are difficult to predict but changes are market moving

3. ECB Rate Decision (07:45 ET) No Trade – ECB likely to be dovish but EURO is deeply oversold.

4. US Trade Balance (08:30 ET) Bearish USD – Likely to be weaker given rising trade tensions

5. CAD Trade Balance & IVEY PMI Manufacturing (08:30 & 10:00 ET) Bullish CAD – Stronger IVEY PMI signals trade improvement

Economic Data Calls for March 6, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 6, 2019) — Good Luck Trading!

1. AU GDP (19:30 ET) Bullish AUD – Potential upside surprise given improvement in trade and only slight deterioration in retail sales

2. ADP Employment Change & US Trade Balance (08:30 ET) Bearish USD – Potential downside surprise given deterioration in the employment component of ISM non-manufacturing index

3. CAD Trade Balance (08:30 ET) Bullish CAD – Potential upside surprise given improvement in IVEY PMI index

5. Bank of Canada Rate Decision (10:00 ET) No Trade – BoC likely to be dovish but rate decisions best traded reactively

6. US Beige Book report (14:00 ET) No Trade – Fed likely to remain cautious but reports are best traded reactively