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Our Economic Data Projections for 12.05.2014
Here’s what we are looking for in tomorrow’s economic reports (December 5, 2014) – Good Luck Trading!
1. EZ GDP (5AM ET) Bullish EUR – Potential upside surprise given rise in German and French growth
2. Non-Farm Payrolls (8:30AM ET) No Trade – Expected to be a big market mover and best traded reactively
3. CAD Employment (8:30AM ET) Bullish CAD – Potential upside surprise given stronger IVEY PMI but be careful because October data was very strong so retracement is possible as well