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Economic Data Calls for August 1, 2019
Here’s what we are looking for in tomorrow’s economic reports (Aug 1, 2019) — Good Luck Trading!
1. AU PMI Manufacturing (17:30 ET) Bearish AUD — Potential downside surprise given lower business confidence and CBA index
2. EZ PMI Revisions (04:00 ET) No Trade — Revisions are hard to predict but changes can be market moving
3. Bank of England Rate Decision (07:00 ET) No Trade — BoE should be in holding pattern until Brexit plans are clarified
4. US ISM Manufacturing (10:00 ET) Bullish USD — Potential upside surprise given stronger Empire State & Philly Fed