Economic Data Calls December 7, 2020

by Kathy Lien

Here’s what we are looking for in tomorrow’s economic reports (Dec 4, 2020) — Good Luck Trading!

1. AU PMI Services (16:30 ET) Bullish AUD — Stronger PMI Manufacturing
2. Chinese Trade Balance (00:00 ET) No Trade — Chinese data is difficult to predict but can be market moving
3. GE Industrial Production (02:00 ET) Bullish EUR — Rise in Germany factory orders
4. Bank of Canada (10:00 ET) Bearish CAD — Manufacturing likely to slow with return of COVID

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