Economic Data Calls for October 31, 2019

Here’s what we are looking for in tomorrow’s economic reports (October 31, 2019) — Good Luck Trading!

1. Chinese PMIs (21:00 ET) No Trade — Chinese data is difficult to handicap but can be very market moving

2. Bank of Japan Rate Decision (00:00 ET) No Trade — No changes expected from Bank of Japan but rrate decisions can be market moving

3. EZ GDP Q3 and CPI (08:30 ET) Bearish EUR — Likely to be weaker given ECB dovishness and bold monetary actions in Sept

4. CAD GDP (08:30 ET) Bearish CAD — Likely to be weaker given softer retail sales and BoC dovishness

4. US Personal Income and Personal Spending (08:30 ET) Bearish USD — Likely to be weaker given stagnant wage growth and spending

Weekly Calendar Calls