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Here’s what we are looking for in tomorrow’s economic reports (October 15, 2019) — Good Luck Trading!
1. AU RBA Minutes (20:30 ET) No Trade — Likely to be bearish since RBA cut rates but reports are difficult to trade
2. UK Labor Data (04:30 ET) Bearish GBP — Potential downside surprise as permanent placements drop for 7th straight month. Manufacturing and services report job losses
3. German ZEW Survey (05:00 ET) No Trade — Stronger industrial production offset by weaker factory orders making this month’s report a tough call
4. US Empire State (08:30 ET) No Trade — Empire is difficult to predict, US economy is slowing so slight tilt to downside