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Our Economic Data Projections 10.07.2014
Here’s what we are looking for in tomorrow’s economic reports (October 7, 2014) – Good Luck Trading!
1. RBA Rate Decision (11:30PM ET) No Trade – Not expected to be a huge market mover for AUD but we also do not trade rate decisions
2. BoJ Rate Decision (12AM ET) No Trade – Not expected to be a huge market mover for JPY but we also do not trade rate decisions
3. German Industrial Production (2AM ET) Bearish EUR – Potential downside surprise given drop in factory orders
4. UK Industrial Production (4:30AM ET) Bearish GBP – Potential downside surprise given manufacturing PMI index hits 17 month low. New and export orders growth also slows significantly