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Economic Data Calls for 01.07.2016
Here’s what we are looking for in tomorrow’s economic reports (Jan 7, 2016) — Good Luck Trading!
1. AU Trade Balance (19:30 NY Time) Bearish AUD -- Potential downside surprise given drop in PMI manufacturing
2. EZ Confidence (05:00 NY Time) Bullish EUR -- Potential upside surprise given uptick in GfK confidence, recent improvement in data, weaker euro and ECB stimulus
3. CAD IVEY PMI (08:30 NY Time) Bearish CAD -- Potential downside surprise given lower oil and strong uptick previous month