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Economic Data Calls for 10/12/18
Here’s what we are looking for in tomorrow’s economic reports (Oct 12, 2018) — Good Luck Trading!
1. NZ Manufacturing PMI (17:30 NY Time) Bearish NZD -- Potential for downside given China remains in trouble, dairy prices continue to fall
2. CH Trade Balance (00:00 NY Time) -- No Trade -- Chinese data is very market moving but hard to predict
3. EZ Industrial Production (5:00 NY Time) Bearish EUR -- Potential for downside given drop in GE IP
4. US U. of Mich. Report (10:00 NY Time) Bullish USD -- Potential for upside given increase in IBD/TIPP Index