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Economic Data Calls for August 12, 2020
Here’s what we are looking for in tomorrow’s economic reports (August 12, 2020) — Good Luck Trading!
1. RBNZ Rate Decision (22:00 ET) No Trade — Rate decisions are best traded reactively
2. UK Q2 GDP (02:00 ET) No Trade — Q2 was hard for most countries so GDP could be weaker. However numbers show that spending improved towards the end of the quarter. Trade was better. Odds favor slightly stronger release
3. EZ Industrial Production (05:00 ET) No Trade — Stronger German IP and weaker French IP
4. US CPI (08:30 ET) No Trade — Gas prices were relatively unchanged in July. Dollar was weak