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Economic Data Calls for Sept 13, 2019
Here’s what we are looking for in tomorrow’s economic reports (Sept 13, 2019) — Good Luck Trading!
1. NZ Business PMI Index (18:30 ET) Bearish NZD — Potential downside surprise given sharp drop in ANZ business confidence index
2. EZ Trade Balance (05:00 ET) Bullish EUR — Potential upside surprise given rise in German and French trade balance
3. US Retail sales (08:30 ET) No trade — Drop in Redbook retail sales and higher average hourly earnings forecast points to stronger release but forecast is low
4. US University of Michigan Consumer Sentiment Index (10:00 ET) Bearish USD — Potential weakness given Dow volatility and ongoing trade tensions