Economic Data Calls for January 31, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 31, 2020) — Good Luck Trading!

1. AU PPI (19:30 ET) Bullish AUD — Upside in CPI signals stronger PPI

2. Chinese PMIs (20:00 ET) No Trade — Will be very market moving but difficult to predict

3. German Retail Sales (02:00 ET) Bearish EUR — Pullback in spending expected after strong Nov

4. EZ Q4 GDP (05:00 ET) Bullish EUR — Stronger EZ retail sales and trade balance.

5. US Personal Income & Spending (08:30 ET) No Trade — Softer wage growth offset by stronger spending

6. CAD GDP (08:30 ET) Bullish CAD — Potential upside surprise given stronger retail sales and trade balance

7. US Revisions to University of Michigan Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

Economic Data Calls for January 30, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 30, 2020) — Good Luck Trading!

1. GE Unemployment Report (03:55 ET) Bullish EUR — PMIs report quickest job creation in 5 months

2. EZ Confidence (05:00 ET) No Trade — German ZEW and PMIs but data offset by weaker IFO

3. Bank of England Rate Decision (07:00 ET) No Trade — Rate decisions are best traded reactively

4. GE CPI (08:00 ET) Bullish EUR — Prices are on the rise according to PMIs. Likely to benefit CPI

5. US Q4 GDP (08:30 ET) Bullish USD — Potential upside surprise given sronger retail sales and trade

Economic Data Calls for January 29, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 29, 2020) — Good Luck Trading!

1. AU CPI (19:30 ET) Bullish AUD — Slightly softer University of Michigan sentiment index but stocks record highs

2. FOMC Rate Decision (14:00 ET) No Trade — No changes are expected but rate decisions are best traded reactively

3. NZ Trade Balance (16:45 ET) Bearish NZD — Potential downside surprise given sharp drop in PMI manufacturing index

Economic Data Calls for January 24, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 24, 2020) — Good Luck Trading!

1. EZ PMIs (03:30 ET) Bullish EUR — Potential upside surprise given stronger ZEW and industrial production

2. CAD Retail Sales (08:30 ET) Bearish CAD — Potential downside surprise given BoC downgrades and sharp drop in wholesale sales

3. US Markit PMIs (09:45 ET) Bullish USD — Improvements in Philly Fed and Empire State survey

Economic Data Calls for January 23, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 23, 2020) — Good Luck Trading!

1. AU Employment (07:30 ET) Bearish AUD — Potential downside surprise given slightly weaker employment component of PMI services and manufacturing

2. ECB Rate Decision (07:45 ET) No Trade — Rate decisions are best traded reactively. This is a big meeting with ECB policy review. Best traded reactively

3. NZ CPI (16:45 ET) Bearish NZD — Potential downside surprise as food prices fall 3 months in a row

Economic Data Calls for January 22, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 22, 2020) — Good Luck Trading!

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

2. Bank of Canada Rate Decision (10:00 ET) No Trade — Rate decisions are best traded reactively. No changes expected but guidance is key

3. US Existing Home Sales (10:00 ET) No Trade — Housing data mixed. Stronger starts, weaker permits

Economic Data Calls for January 21, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (January 21, 2020) — Good Luck Trading!

1. NZ PMI Services (16:30 ET) Bearish NZD — Potential downside surprise given drop in manufacturing PMI

2. UK Labor Data (04:30 ET) Bearish GBP — Employment conditions improved in services but deteriorated in manufacturing making this month’s release difficult to predict

3. German ZEW Survey (05:00 ET) Bullish EUR — Stronger data and persistent rise in stocks should boost sentiment

Weekly Forex Trading Calendar for January 20, 2020

Weekly Calendar Calls

We have just posted our weekly news trading calendar for the week of Jan 20, 2020. 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.

Excel version of calendar011920

PDF version of calendar011920

Economic Data Calls for January 17, 2020

Weekly Calendar Calls

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