Economic Data Calls for August 26, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 26, 2019) — Good Luck Trading!

1. NZ Trade Balance (18:45 ET) Bearish NZD — Potential downside surprise given weaker manufacturing activity

2. German IFO (04:00 ET) Bullish EUR — Potential downside surprise given major weakness in ZEW and industrial production but ZEW higher

Economic Data Calls for August 22, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 22, 2019) — Good Luck Trading!

1. EZ PMIs (03:30 ET) Bearish EUR — Potential downside surprise given significant deterioration in ZEW and lower industrial production

2. US Markit PMIs & Leading Indicators (09:45 ET) Bullish USD — Potential upside surprise given stronger Philly Fed and Empire State surveys

Economic Data Calls for August 21, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 21, 2019) — Good Luck Trading!

1. CAD CPI (08:30 ET) Bullish CAD — Potential upside surprise given rise in price component of CPI

2. US Existing Home Sales (10:00 ET) Bullish USD — Housing market should benefit from lower interest rates

3. FOMC Minutes (14:00 ET) No Trade — As the market looks forward to September rate cut, the FOMC minutes could be very market moving

Economic Data Calls for August 16, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading!

1. NZ PMI Manufacturing (18:30 ET) Bearish NZD — RBNZ’s 50bp cut suggests weaker data

2. EZ Trade Balance (05:00 ET) Bearish EUR — Potential downside surprise given weaker German and French trade balance

3. US Housing starts & building permits (08:30 ET) Bullish USD — Prospect of lower rates should bolster housing

4. US University of Michigan Sentiment Index (10:00 ET) Bearish USD — Sentiment likely to be weakened by drop in stock

Economic Data Calls for August 15, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 15, 2019) — Good Luck Trading!

1. AU Employment Report (22:30 ET) Bearish GBP — Labor data likely to be weaker given softer employment conditions in service and manufacturing sectors

2. UK Retail sales (04:30 ET) Bearish GBP — Drop in shop prices and smaller than expected uptick in BRC retail sales signals weaker spending. But wages were up

3. US Retail Sales (04:30 ET) Bullish USD — Retail sales should be supported by rise in wages and higher Redbook spending numbers

Economic Data Calls August 14, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 14, 2019) — Good Luck Trading!

1. Chinese IP and Retail Sales (20:00 ET) No Trade — Chinese data is difficult to predict but weak numbers will be very worrisome

2. Q2 German GDP (02:00 ET) Bearish EUR — Between weaker retail sales and sharp drop in German ZEW, GDP growth may have slowed materially

3. UK CPI (04:30 ET) Bearish GBP — Potential downside surprise as PMIs report softer price growth

4. EZ Q2 GDP (05:00 ET) Bearish EUR — etween weaker retail sales and sharp drop in German ZEW, GDP growth may have slowed materially

Economic Data Calls for August 13, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 13, 2019) — Good Luck Trading!

1. German CPI (02:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

2. UK Employment Report (04:30 ET) Bearish GBP — Looking for downside surprise given after manufacturing sector reports 4th straight drop in employment. Service and construction sector also reports job losses

3. German ZEW Survey (05:00 ET) Bearish EUR — Potential downside surprise as sentiment will be dented by trade tensions

4. US CPI (08:30 ET) Bearish USD — Lower US PPI, gas and oil prices points to weaker CPI

Economic Data Calls for August 9, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 9, 2019) — Good Luck Trading!

1. Japanese GDP Q2 (19:50 ET) Bearish JPY — Potential downside surprise given lower retail sales

2. RBA Monetary Policy Statement (21:30 ET) Bearish AUD — While RBA statement was more neutral, the details could be less optimistic

3. German Trade Balance (02:00 ET) Bullish EUR — Potential upside surprise given rise in German manufacturing PMI

4. UK Industrial Production (04:30 ET) Bearish GBP — Trade balance improved slightly but retail sales were significantly weaker in Q2

5. CAD Employment Report (08:30 ET) Bullish CAD — Potential upside surprise given rise in employment component of IVEY PMI

6. US PPI (08:30 ET) Bearish USD — Potential downside surprise given the decline in oil and gas prices