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Economic Data Calls for 07.08.2016
Here’s what we are looking for in tomorrow’s economic reports (July 8, 2016) — Good Luck Trading!
1. German Trade Balance and Current Account Balance(2:00 NY Time) -- Bearish EUR -- Potential downside surprise given weaker industrial production numbers and factory orders
2. UK Trade Balance (4:30 NY Time) -- No Trade -- Weaker IP offset by stronger manufacturing PMI
3. US Non-Farm Payrolls (8:30 NY Time) -- No Trade -- Non-Farm Payrolls are best traded reactively
4. CA Employment Change (8:30 NY Time) -- Bullish CAD -- Potential upside surprise give stronger than expected IVEY PMI numbers