Economic Data Calls for Dec 10, 2020

by Kathy Lien

Here’s what we are looking for in tomorrow’s economic reports (Dec 10, 2020) — Good Luck Trading!

1. UK Industrial Production, GDP and Trade Balance (02:00 ET) Bullish GBP — Potential upside surprise given rise in PMI manufacturing index
2. European Central Bank Rate Decision (07:45 ET) No Trade — ECB expected to ease but rate decisions are best
3. US CPI (08:30 ET) Bullish USD — Gas prices increased in November
3. NZ PMI Manufacturing (08:30 ET) Bullish NZD — Ongoing reopening should help boost activity

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