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Our Economic Data Projections for 10.09.2014
Here’s what we are looking for in tomorrow’s economic reports (October 9, 2014) – Good Luck Trading!
1. AU Employment (8:30PM ET) No Trade – Increase in employment component of manufacturing, services and construction but massive rise last month creates an uncertain distortion
2. GE Trade Balance (2AM ET) Bearish EUR – Potential downside surprise given drop in factory orders and industrial production along with manufacturing PMI index which fell to 15 month lows
3. BoE Rate Decision (4:30AM ET) No Trade – No Changes are expected from the BoE and we do not trade rate decisions