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Economic Data Calls for November 1, 2019
Here’s what we are looking for in tomorrow’s economic reports (November 1, 2019) — Good Luck Trading!
1. AU PMI Manufacturing & PPI (17:30 & 20:30 ET) No Trade — RBA is dovish but manufacturing activity in China stabilized according to PMI. CPI was slightly firmer so no trade
2. UK PMI Manufacturing (04:30 ET) Bearish GBP — Potential downside surprise given sharp fall in CBI index
3. US Non-Farm Payrolls (08:30 ET) No Trade — Expected to be much weaker but NFP best traded reactively
4. US ISM Manufacturing (10:00 ET) Bullish USD — With Empire and Markit PMI ticking up, ISM should be a bit firmer