Economic Data Calls for 7/6/17

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 6, 2017) — Good Luck Trading!

1. AU Trade Balance (21:30 NY Time) – Bullish AUD – Potential for upside surprise given rise in service PMI

2. ECB Monetary Policy Meeting (7:30 NY Time) – Bullish EUR – Potential for upside surprise given ECB likely to be positive

3. US Challenger Job Cuts and ADP Employment Change (7:30 and 8:15 NY Time) – No Trade – These reports are hard to predict but very market moving ahead of NFP

4. CA Building Permits and International Merchandise Trade (8:30 NY Time) – Bearish CAD – Potential for downside surprise given Sharp drop in IVEY PMI

5. US Trade Balance (8:30 NY Time) – Bullish USD – Potential for upside surprise given rise in ISM Manufacturing