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Economic Data Calls for 08.30.2016
Here’s what we are looking for in tomorrow’s economic reports (Aug 30, 2016) — Good Luck Trading!
1. EZ Economic Confidence Report (5:00 NY Time) -- Bearish EUR -- Potential for downside surprise given a big drop in German business confidence (IFO) and marginally stronger GfK
2. GER CPI Report (8:00 NY Time) -- No Trade -- Import prices released same day as CPI
3. CA Current Account Balance (8:30 NY Time) -- Bearish CAD -- Potential for downside surprise given major deterioration in trade and lower Intl securities transactions
4. US Consumer Confidence Index (10:00 NY Time) -- Bullish USD -- Potential for upside surprise given stronger Umich and IBD Sentiment