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Economic Data Calls for December 17, 2019
Here’s what we are looking for in tomorrow’s economic reports (December 17, 2019) — Good Luck Trading!
1. RBA Minutes (19:30 ET) No Trade — Minutes are difficult to predict but likely to be dovish
2. UK Employment Report (04:30 ET) No Trade — Likely to be weaker as manufacturing reports major job losses, services bit of stabilization
3. EZ Trade Balance (05:00 ET) Bullish EUR — Potential upside surprise given rise in German trade balance
4. US Housing Starts & Building Permits (08:30 ET) Bullish USD — Low interest rates and strong equities should boost housing