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Our Economic Data Projections for 10.27.2014
Here’s what we are looking for in Monday’s economic reports (October 27, 2014) – Good Luck Trading!
1. GE IFO Report (5AM ET) Bearish EUR – Potential downside surprise given decline in industrial production and factory orders but we have a level 2 confidence because the manufacturing PMI index increased
2. US Markit Composite and Pending Home Sales (9:45AM and 10AM ET) Bearish USD – Potential downside surprise given drop in Markit PMI manufacturing index