Economic Data Calls for Aug 7, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 7, 2019) — Good Luck Trading!

1. RBNZ Rate Decision (22:00 ET) No Trade — RBNZ is expected to cut rates but key is what they do next

2. German Industrial Production (02:00 ET) Bullish EUR — Potential upside surprise given rise in factory orders and German manufacturing PMI index

3. Canadian Rate Decision (10:00 ET) Bearish CAD — Potential downside surprise given drop in prices and retail sales

Economic Data Calls for Aug 6, 2019

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 Aug 2, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Aug 1, 2019) — Good Luck Trading!

1. AU PPI and Retail Sales (21:30 ET) Bullish AUD — Potential upside surprise given rise in AU CPI. Retail sales on the other hand could be mixed with stronger monthly numbers and weaker quarterly.

2. EZ PPI and Retail Sales (05:00 ET) Bullish EUR — Potential upside surprise given rise in German CPI and retail sales

3. CAD Trade Balance (08:30 ET) Bearish CAD — Potential downside surprise given drop in IVEY PMI

4. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls is very market moving. Job growth is likely to weaken but this report is best traded reactively.