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Economic Data Calls for 09.29.2016
Here’s what we are looking for in tomorrow’s economic reports (Sept 29, 2016) — Good Luck Trading!
1. GER Unemployment Claims and EZ Economic Confidence (3:55 and 5:00 NY Time) – Bullish EUR – Potential for upside surprise given that job growth continued but at weaker rates
2. GER CPI (8:00 NY Time) – Bearish EUR – Potential for downside surprise given PPI and wholesale prices were both down
3. US Advanced Goods Trade Balance and GDP Revisions (8:30 NY Time) – No Trade – Revisions to GDP are generally made but difficult to predict