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Economic Data Calls for 09.05.2016
Here’s what we are looking for in tomorrow’s economic reports (Sept 5, 2016) — Good Luck Trading!
1. AU AiG PMI Services (19:30 NY Time) – Bearish AUD – Potential for downside surprise given sharp fall in PMI manufacturing and weaker wages
2. GER and EZ Markit PMI Services and Composite (3:55 and 4:00 NY Time) – No Trade – Revisions are difficult to predict but can be market moving
3. UK Markit PMI Services and Composite (4:30 NY Time) – Bullish GBP – Potential for upside surprise given sharp rise in PMI manufacturing and higher GfK
4. EZ Retail Sales (5:00 NY Time) – Bullish AUD – Potential for upside surprise given Strong rise in GE spending, better FR