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Economic Data Calls for Oct 29, 2020
Here’s what we are looking for in tomorrow’s economic reports (Oct 29 2020) — Good Luck Trading!
1. AU PPI (20:30 ET) Bullish AUD — Slightly stronger headline CPI
2. GE GDP and EZ Q3 GDP (03:00 & 06:00 ET) No Trade — ECB Lagarde said GDP data could be stronger but with German retail sales and trade weakening, could be a miss
3. CAD GDP (08:30 ET) Bearish CAD — Potential downside surprise given weaker CAD retail sales
4. US Personal income and spending (08:30 ET) No Trade — Weaker average hourly earnings but strong retail sales