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Economic Data Calls for October 24, 2019
Here’s what we are looking for in tomorrow’s economic reports (October 24, 2019) — Good Luck Trading!
1. Eurozone PMIs (03:30 ET) No Trade — ECB is the main show today. ZEW was weaker, IFO mixed while industrial production and factory orders improved
2. ECB Rate Decision (07:45 ET) No Trade — No changes expected but economic projections could be reduced
3. US Durable Goods & New Home Sales (08:30 & 10:00 ET) Bearish USD — Potential downside surprise given weaker housing starts and permits. Durable goods should also soften on the back of weak consumer demand