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Our Economic Data Projections for 11.14.2014
Here’s what we are looking for in tomorrow’s economic reports (November 14, 2014) – Good Luck Trading!
1. German GDP (2AM ET) No Trade – This quarter’s report is difficult to predict because weaker retail sales is offset by stronger trade activity in Q3
2. US Retail Sales (8:30AM ET) Bullish USD – Potential upside surprise given rise in ICSC chain store sales and Johnson Redbook retail sales reports
3. University of Michigan Consumer Sentiment Index (9:55AM ET) Bullish USD – Potential upside surprise given rise in confidence reported by Investors Business Daily