Here’s what we are looking for in tomorrow’s economic reports (January 20, 2020) — Good Luck Trading!
1. Bank of Japan Rate Decision (00:00 ET) No Trade — No changes expected from the BoJ. Rate changes best traded reactively
Here’s what we are looking for in tomorrow’s economic reports (January 17, 2020) — Good Luck Trading!
1.Chinese Q4 GDP, Retail Sales & Industrial Production (21:00 ET) No Trade — Chinese data is difficult to predict but can be very market moving
2. ECB Current Account (04:00 ET) Bullish EUR — Potential upside surprise given stronger French and German data
3. UK Retail Sales (04:30 ET) Bullish GBP — Potential upside surprise given sharp rise in BRC retail sales but the forecasts are high
4. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes can be important
5. US Building Permits and Housing Starts (08:30 ET) Bearish USD — Housing activity expected to weaken towards year end
6. US University of Michigan Consumer Sentiment Index (10:00 ET) Bearish USD — Iran-US tensions are expected to dampen sentiment
Here’s what we are looking for in tomorrow’s economic reports (January 16, 2020) — Good Luck Trading!
1. US Retail Sales (08:30 ET) Bullish USD — Wage growth slowed in December but holiday shopping was very strong
2. NZ PMI Manufacturing (16:30 ET) Bullish NZD — NZD data has been relatively good
Here’s what we are looking for in tomorrow’s economic reports (January 15, 2020) — Good Luck Trading!
1. UK CPI (04:30 ET) Bearish GBP — Potential downside surprise despite smaller decline in BRC shop prices, price growth continues to be soft
2. EZ Trade Balance and Industrial Production (05:00 ET) No Trade — Mixed EZ data. Stronger GE IP, but weaker FR IP. Weaker GE & FR Trade
3. US CPI (08:30 ET) Bearish USD — Potential downside surprise given weaker US CPI
Here’s what we are looking for in tomorrow’s economic reports (January 14, 2020) — Good Luck Trading!
1. Chinese Trade Balance (00:00 ET) No Trade — Chinese data is notoriously difficult to predict but can be very market moving
2. US Consumer Price Index (08:30 ET) No Trade — Gas prices declined in December but factory prices were on the rise
Here’s what we are looking for in tomorrow’s economic reports (January 12, 2020) — Good Luck Trading!
1. UK GDP, Industrial Production & Trade Balance (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in manufacturing PMI and retail sales
Here’s what we are looking for in tomorrow’s economic reports (January 10, 2020) — Good Luck Trading!
1. AU PMI Services & Retail Sales (16:30 & 19:30 ET) Bullish AUD — Potential upside surprise given rise in PMI manufacturing index
2. UK GDP, Industrial Production & Trade Balance (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in manufacturing PMI and retail sales
3. US Non-Farm Payrolls (08:30 ET) No Trade — Pullback expected. Non-farm payrolls is difficult to predict but will be very market moving
4. Canadian Employment Report (08:30 ET) No Trade — Should rebound after last month’s sharp drop in jobs but IVEY fell significantly. What makes this a challenge to call is that the employment component increased
Here’s what we are looking for in tomorrow’s economic reports (January 9, 2020) — Good Luck Trading!
1. AU Trade Balance (21:30 ET) Bullish AUD — Potential upside surprise given rise in PMI manufacturing index
2. Chinese Inflation Data (20:30 ET) No Trade — Chinese is hard to predict but market moving
3. German Trade and Current Account Balance (02:00 ET) Bearish EUR — Potential downside surprise given lower German manufacturing PMI index
Here’s what we are looking for in tomorrow’s economic reports (January 8, 2020) — Good Luck Trading!
1. EZ Confidence Numbers (05:00 ET) Bullish EUR — Stronger German IFO report and ZEW but GfK confidence lower
2. ADP Employment Change (08:15 ET) No Trade — ADP is hard to predict but market moving
Here’s what we are looking for in tomorrow’s economic reports (January 7, 2020) — Good Luck Trading!
1. EZ Retail Sales & CPI (05:00 ET) No Trade — Weaker FR spending but German data released after EZ. CPI should be stronger given rise in Germany
2. CAD Trade Balance (08:30 ET) No Trade — IVEY released on same day as trade
3. US ISM Non-Manufacturing and Trade Balance (8:30 & 10:00 ET) Bearish USD --Significantly weaker ISM manufacturing
4. CAD IVEY PMI (10:00 ET) Bearish CAD --Sharp drop in mfg sales. BoC cautiousness
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
Here’s what we are looking for in tomorrow’s economic reports (January 3, 2020) — Good Luck Trading!
1. German Labor Data (03:55 ET) Bearish EUR — PMIs report deeper job cuts in mfg and weaker growth in services. CPI likely to remain subdued given weaker PPI
2. US ISM Manufacturing (10:00 ET) Bearish USD — Weaker Empire State and Philly Fed index
3. FOMC Minutes (14:00 ET) No Trade — We do not trade minutes but they are likely to be dollar dovish
