Economic Data Calls for December 4, 2019

Here’s what we are looking for in tomorrow’s economic reports (December 3, 2019) — Good Luck Trading!

1. AU Trade and Retail Sales (19:30 ET) Bearish AUD — Potential downside surprise given weaker manufacturing PMI and significant drop in sales component of PSI

2. EZ Retail Sales and Q3 GDP Revisions (05:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving

3. US Trade Balance (08:30 ET) Bearish USD — Potential downside surprise given weaker manufacturing ISM

4. CAD IVEY PMI (10:00 ET) Bullish CAD — Steady outlook from BoC suggests improvement in IVEY

Weekly Calendar Calls