Economic Data Calls for Jan 31, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 31, 2019) — Good Luck Trading!

1. Chinese PMIs (20:00 NY Time) No Trade -- Chinese data can be very market moving but hard to predict

2. German Unemployment & EZ Q4 GDP (03;00 & 05:00 NY Time) Bearish EUR -- Potential for downside as employment growth eased to the slowest since Dec 2016. GDP growth should be weaker as well

3. US Personal Income & Spending (08:30 NY Time) Bullish USD -- Potential for upside surprise given stronger wage growth and holiday spending

4. CAD Q4 GDP (08:30 NY Time) Bearish CAD -- Potential for downside surprise given significantly weaker trade balance and retail sales

5. US Chicago PMI Index (09:45 NY Time) No Trade -- Tough call as stronger manufacturing conditions in Philadelphia offset weaker activity in NY

Economic Data Calls for Jan 30, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 30, 2019) — Good Luck Trading!

1. AU CPI (00:30 NY Time) Bearish AUD -- Potential for downside surprise given drop in inflation expectations

2. EZ Confidence (05:00 NY Time) Bearish EUR -- Potential for downside surprise given drop in IFO, ZEW and PMIs

3. German CPI (08:00 NY Time) Bullish EUR -- Potential for upside surprise given weaker euro and recovery in oil prices

4. US Q4 GDP (08:30 NY Time) No Trade -- Delay of data releases makes handicapping Q4 GDP difficult

5. FOMC Rate Decision (14:00 NY Time) No Trade -- Rate decisions are best traded reactively but Fed Chair Powell will most likely be cautious

Economic Data Calls for Jan 29, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 29, 2019) — Good Luck Trading!

1. NZ Trade Balance (16:45 NY Time) Bullish NZD -- Potential for upside surprise given rise in manufacturing PMI

2. US Consumer Confidence (10:00 NY Time) Bearish USD -- Potential for downside surprise given sharp drop in University of Michigan Sentiment index

Economic Data calls for Jan 24, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 24, 2019) — Good Luck Trading!

1. AU Employment Change (19:30 NY Time) Bearish AUD -- Potential for downside surprise as employment conditions weakened significantly in services and manufacturing

2. EZ PMIs (03:30 NY Time) No trade -- Hard to predict given mixed ZEW but likely to be weaker

3. ECB Rate Decision (07:45 NY Time) No trade -- We are live trading the ECB rate decision. Join us

4. US Markit PMIs (09:45 NY Time) No trade -- Weaker manufacturing activity in NY region offset by stronger activity in Philadelphia

Economic Data Calls for Jan 18, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 18, 2019) — Good Luck Trading!

1. EZ Current Account (04:00 NY Time) No Trade -- Stronger German current account activity offset by weaker French activity

2. UK Retail Sales (04:30 NY Time) No Trade -- UK retail sales is a tough call this month because rise in shop prices is offset by a lower retail sales report according to the British Retail Consortium

3. CA CPI (08:30 NY Time) Bullish CAD -- Potential upside surprise given rise in prices according to IVEY PMI

4. University of Michigan Consumer Sentiment Index (10:00 NY Time) Bearish USD -- Potential downside surprise given equity market volatility which could have taken a toll on sentiment

Economic Data Calls for Jan 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 17, 2019) — Good Luck Trading!

1. EZ CPI (05:00 NY Time) No Trade -- Revisions are difficult to predict but changes can be market moving

2. US Housing starts, Building Permits & Philly Fed (08:30 NY Time) Bearish USD -- Potential for downside surprise given rise in interest rates and drop in Empire state index

3. NZ Business PMI index (16:30 NY Time) Bearish NZD -- Manufacturing weakness in Australia and China could carry over to New Zealand

Economic Data Calls for Jan 16, 2019

Weekly Calendar Calls

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

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

2. UK CPI (04:30 NY Time) Bearish GBP -- Potential for downside surprise given drop in oil prices in december but level 2 confidence because BRC reported higher shop lprices

3. Fed Beige Book (14:00 NY Time) No Trade -- Beige Book likely to be more cautious but reports are hard to trade