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Economic Data Calls For 10/26/16
Here’s what we are looking for in tomorrow’s economic reports (Oct 26, 2016) — Good Luck Trading!
1. AU CPI (20:30 NY Time) – No Trade – Marginally higher Consumer inflation expectations
2. US Advanced Goods Trade Balance (8:30 NY Time) Bearish USD – Potential for downside surprise given stronger dollar and drop in export orders
3. US Services and Composite PMI and New Home Sales (9:45 and 10:00 NY Time) Bullish USD – Potential for upside surprise given sharp rise in existing home sales