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Economic Data Calls for Jan 28, 2021
Here’s what we are looking for in tomorrow’s economic reports (Jan 28, 2021) — Good Luck Trading!
1. NZ Trade Balance (16:45 ET) Bearish NZD — Potential weakness given sharp drop in manufacturing PMI
2. German CPI (08:00 ET) Bullish EUR — Price pressures ticking up across the globe
3. US Q4 GDP (08:30 ET) Bearish USD — Potential downside surprise given weaker spending and trade in Q4
4. US New Home Sales (10:00 ET) Bullish USD — Stronger existing home sales