Here’s what we are looking for in tomorrow’s economic reports (December 31, 2019) — Good Luck Trading!
1. Chinese PMIs (20:00 ET) No Trade — Chinese data can be very difficult to predict but also very market moving
2. US Consumer Confidence (10:00 ET) Bullish USD — Strong stocks plus rise in the University of Michigan Index signal stronger report
Here’s what we are looking for in tomorrow’s economic reports (December 23, 2019) — Good Luck Trading!
1. CAD GDP (08:30 ET) Bearish CAD — Improved trade deficit but weak retail sales
2. US New Home Sales (10:00 ET) Bearish USD — Existing home sales declined
We have just posted our weekly news trading calendar for the week of Dec 23, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
We have just posted our weekly news trading calendar for the week of Dec 30, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (December 20, 2019) — Good Luck Trading!
1. UK GDP (04:30 ET) No Trade — Revisions are difficult to predict but changes will be market moving
2. US Current Account (04:30 ET) No Trade — Improvement in Q3 trade
3. CAD Retail Sales (00:00 ET) Bearish CAD — Potential downside surprise given drop in wholesale sales and weaker labor data
4. US GDP Revisions, Personal Income & Spending (08:30 ET) No Trade — Revisions are difficult to predict but personal spending should be weaker with softer wage growth.
5. US Revisions to University of Michigan Consumer Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but can be market moving
Here’s what we are looking for in tomorrow’s economic reports (December 19, 2019) — Good Luck Trading!
1. AU Employment Change (19:30 ET) Bearish AUD — Potential downside surprise given weaker employment conditions in construction, services and manufacturing
2. Bank of Japan rate (00:00 ET) No Trade — No changes are expected but rate decisions could always deliver surprises
3. UK Retail Sales (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in retail sales and trade balance
4. Bank of England Rate Decision (07:00 ET) No Trade — Rate decisions are best traded reactively
5. US Philadelphia Fed & Existing Home Sales (08:30 & 10:00 ET) No Trade — Philly Fed should be weaker but housing data could be stronger
Here’s what we are looking for in tomorrow’s economic reports (December 18, 2019) — Good Luck Trading!
1. German PPI and IFO (02:00 & 04:00 ET) Bearish EUR — Potential downside surprise given drop in factory orders and industrial production
2. UK CPI (04:30 ET) Bearish GBP — Manufacturing and services reporting weaker price growth
3. CAD CPI (08:30 ET) Bearish CAD — Potential downside surprise given drop in price component of IVEY
4. NZ GDP (16:45 ET) Bullish NZD — Significant improvement in trade balance and retail sales
Here’s what we are looking for in tomorrow’s economic reports (December 17, 2019) — Good Luck Trading!
1. RBA Minutes (19:30 ET) No Trade — Minutes are difficult to predict but likely to be dovish
2. UK Employment Report (04:30 ET) No Trade — Likely to be weaker as manufacturing reports major job losses, services bit of stabilization
3. EZ Trade Balance (05:00 ET) Bullish EUR — Potential upside surprise given rise in German trade balance
4. US Housing Starts & Building Permits (08:30 ET) Bullish USD — Low interest rates and strong equities should boost housing
Here’s what we are looking for in tomorrow’s economic reports (December 16, 2019) — Good Luck Trading!
1. NZ PMI Services (16:30 ET) Bearish NZD — Potential downside surprise given decline in PMI manufacturing
2. Chinese Industrial Production & Retail Sales (21:30 ET) No Trade — Chinese data is difficult to predict but can be very market moving
3. EZ PMIs Mfg, Services & Composite (03:30 ET) Bearish EUR — Potential downside surprise given sharp drop in GE factory orders & industrial production
4. UK PMIs Mfg, Services & Composite (04:30 ET) Bullish GBP — Tough call as all 3 PMIs are released simultaneously but sharp improvement in CBI
5. US Empire State (08:30 ET) No Trade — First manufacturing report is hard to predict but could be market moving
We have just posted our weekly news trading calendar for the week of Dec 16, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (December 13, 2019) — Good Luck Trading!
1. US Retail Sales (08:30 ET) Bullish USD — Potential upside surprise given strong Black Friday sales and NFPs
Here’s what we are looking for in tomorrow’s economic reports (December 11, 2019) — Good Luck Trading!
1. German CPI (02:00 ET) No Trade — Revisions are difficult to predict but any changes will be market moving
2. SNB Rate Decision (03:30 ET) No Trade — No changes are expected from the SNB
3. EZ Industrial Production (05:00 ET) Bearish EUR — Potential downside surprise given significant drop in industrial production & factory orders
4. ECB Rate Dec(07:45 ET) No Trade — Rate decisions are best traded reactively -- ECB President Lagarde’s press conference will be the most important
5. US PPI (08:30 ET) Bullish USD — Potential upside surprise given higher CPI
6. NZ PMI Manufacturing (16:30 ET) Bullish NZD — Potential upside surprise given stronger business confidence
