Economic Data Calls for August 16, 2019

Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading!

1. NZ PMI Manufacturing (18:30 ET) Bearish NZD — RBNZ’s 50bp cut suggests weaker data

2. EZ Trade Balance (05:00 ET) Bearish EUR — Potential downside surprise given weaker German and French trade balance

3. US Housing starts & building permits (08:30 ET) Bullish USD — Prospect of lower rates should bolster housing

4. US University of Michigan Sentiment Index (10:00 ET) Bearish USD — Sentiment likely to be weakened by drop in stock

Weekly Calendar Calls

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