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Economic Data Calls for 11/12/2020
Here’s what we are looking for in tomorrow’s economic reports (Nov 12, 2020) — Good Luck Trading!
1. UK Q3 GDP, Industrial Production and Trade Balance (02:00 ET) Bearish GBP — Broad based declines in PMIs signal industrial production and trade activity weaknes
2. EZ Industrial Production (05:00 ET) Bearish EUR — Significantly weaker German Industrial Production
3. US CPI (05:00 ET) Bearish USD — Gas prices fell sharply in October. Inflation should remain low
4. NZ PMI Manufacturing (16:30 ET) Bullish NZD — Ongoing COVID recovery should bolster activity