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Here’s what we are looking for in tomorrow’s economic reports (July 31, 2017) — Good Luck Trading!
1. CH Manufacturing and Non-Manufacturing PMI (21:00 NY Time) – No Trade – Chinese data is market moving but hard to call
2. EZ Unemployment Rate and CPI Estimate (5:00 NY Time) – No Trade – Stronger GE CPI offset by Weaker FR CPI data
3. Chicago PMI and Pending Home Sales (9:45 and 10:00 NY Time) – Bearish USD – Potential for downside surprise given drop in Empire & Philly