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Economic Data Calls for 06.15.2016
Here’s what we are looking for in tomorrow’s economic reports (June 15, 2016) — Good Luck Trading!
1. UK Employment (04:30 NY Time) – Bearish GBP – Manufacturing loses jobs but at a better pace. Stronger job growth in construction but services sees weakest hiring in 33 months
2. EZ Trade Balance (05:00 NY Time) – Bearish EUR – Potential downside surprise given weaker GE and FR trade balance
3. US Empire State Survey (08:30 NY Time) – No Trade – Empire state is difficult to predict because it is the first set of manufacturing data. PPI likely to be higher because of higher commodity prices
4. US FOMC Rate Decision (14:00 NY Time) – No Trade – We do not trade rate decisions