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Economic Data Calls for 8/14/18
Here’s what we are looking for in tomorrow’s economic reports (Aug 14, 2018) — Good Luck Trading!
1. GE GDP and CPI (2:00 NY Time) -- Bullish EUR -- Potential for upside surprise given Stronger trade and retail sales points to firmer German GDP.
2. UK Labor Report (4:30 NY Time) -- No Trade -- Services rate of job creation weakest since Aug 2016, but job growth remained solid in manufacturing
3. EZ industrial Production, GDP and GE ZEW Survey (5:00 NY Time) -- Bullish EUR -- Potential for upside surprise given harp drop in German IP and factory orders. EZ GDP is hard to predict as it is released same day as the German report