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Economic Data Calls for November 6, 2020
Here’s what we are looking for in tomorrow’s economic reports (Nov 6 2020) — Good Luck Trading!
1. AU PMI Services (16:30 ET) Bullish AUD — Likely to be stronger given rise in PMI manufacturing index
2. German Industrial Production (02:00 ET) Bearish EUR — Weaker growth in German factory orders
3. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls are notoriously volatile and best traded reactively
4. CAD Employment (08:30 ET) No Trade — CAD labor data should be weaker after last month’s good numbers but IVEY released after employment report