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Economic Data Calls for 1/30/17
Here’s what we are looking for in tomorrow’s economic reports (Jan 30, 2017) — Good Luck Trading!
1. NZ Trade Balance (16:45 NY Time) -- No Trade -- Marginal improvement in NZ business PMI but dairy prices down
2. EZ Economic Confidence (5:00 NY Time) -- Bullish EUR -- Potential for upside surprise given stronger German consumer confidence and ZEW but lower IFO
3. GE CPI (8:00 NY Time) -- Bullish EUR -- Potential for upside surprise given lower currency and higher oil prices should mean stronger CPI
4. US Personal Income and Spending and Pending Home Sales (8:30 and 10:00 NY Time) -- Bullish USD -- Potential for upside surprise given stronger average hourly earnings and retail sales