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Economic Data Calls for March 19, 2020
Here’s what we are looking for in tomorrow’s economic reports (March 19, 2020) — Good Luck Trading!
1. NZ Q4 GDP (17:45 ET) No Trade — Weaker retail sales offset by better terms of trade
2. AU Employment (20:30 ET) Bearish AUD — Likely to be weaker given declines in employment component of manufacturing and services PMI
3. Swiss National Bank Rate Decision (04:30 ET) No Trade — Pressure is high for them to ease, interest rates are deeply negative and the central bank prefers market intervention than rate cuts to weaken the currency.
4. US Philadelphia Fed Index (08:30 ET) Bearish USD — Potential decline given sharp drop in Empire State survey