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Economic Data Calls for 07.20.2016
Here’s what we are looking for in tomorrow’s economic reports (July 20, 2016) — Good Luck Trading!
1. GER PPI (2:00 NY Time) -- Bearish EUR -- Potential downside surprise given Lower German wholesale prices
2. ECB Current Account (4:00 NY Time) -- Bearish EUR -- Potential downside surprise given Smaller GE CA, larger FR CA
3. UK Jobless Claims Change, Average Weekly Earning, ILO Employment Rate and Employment Change (4:30 NY Time) Bearish GBP -- Potential downside surprise given greater job losses in manufacturing. Weaker job growth also seen in services and construction