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Our Economic Data Projections for 12.18.2014
Here’s what we are looking for in tomorrow’s economic reports (December 18, 2014) – Good Luck Trading!
1. GE IFO Report (4:00AM ET) Bullish EUR – Potential upside surprise given rise in ZEW and PMI Manufacturing report
2. UK Retail Sales (4:30AM ET) Bullish GBP – Potential upside surprise given rise in BRC retail sales and average weekly earnings
3. US Philadelphia Fed Index (10AM ET) Bearish USD – Potential downside surprise given sharp decline in Empire State Index