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Economic Data Calls for December 18, 2019
Here’s what we are looking for in tomorrow’s economic reports (December 18, 2019) — Good Luck Trading!
1. German PPI and IFO (02:00 & 04:00 ET) Bearish EUR — Potential downside surprise given drop in factory orders and industrial production
2. UK CPI (04:30 ET) Bearish GBP — Manufacturing and services reporting weaker price growth
3. CAD CPI (08:30 ET) Bearish CAD — Potential downside surprise given drop in price component of IVEY
4. NZ GDP (16:45 ET) Bullish NZD — Significant improvement in trade balance and retail sales