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Economic Data Calls for June 12, 2020
Here’s what we are looking for in tomorrow’s economic reports (June 12, 2020) — Good Luck Trading!
1. NZ PMI Manufacturing (18:30 ET) Bullish NZD — Reopening of NZ economy should bolster manufacturing
2. UK GDP, Industrial Production and Trade balance (02:00 ET) Bearish GBP — Manufacturing PMI index fell to major lows in April
3. EZ industrial production (05:00 ET) Bearish EUR — Sharp drop in German IP
4. US University of Michigan Index (10:00 ET) Bullish USD — Likely to be stronger given stock market gains and state reopenings