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Economic Data Calls for Nov 13, 2020
Here’s what we are looking for in tomorrow’s economic reports (Nov 13, 2020) — Good Luck Trading!
1. NZ PMI Manufacturing (16:30 ET) Bearish NZD — Ongoing COVId recovery should bolster manufacturing activity
2. EZ Q3 GDP and Trade Balance (05:00 ET) Bullish EUR — May not impact euro but Draghi said GDP numbers could look better
3. US PPI (08:30 ET) Bearish USD — Weaker CPI
4. US University of Michigan Sentiment Index (10:00 ET) Bearish USD — Rising virus cases and election uncertainty should dampen sentiment