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Out Economic Data Projections 10.22.2014
Here’s what we are looking for in tomorrow’s economic reports (October 22, 2014) – Good Luck Trading!
1. AU CPI (8:30PM ET) Bearish AUD – Potential downside surprise given drop in commodity prices and consumer inflation
2. BoE Minutes (4:30AM ET) No Trade – Should be very market moving but minutes are difficult to handicap
3. US CPI (8:30AM ET) Bearish USD – Potential downside surprise given drop in PPI and gas prices
4. CAD Retail Sales and Bank of CAD Rate Decision (8:30AM and 10AM ET) Bullish CAD – Potential upside surprise given rise in wholesale prices and uptick in Canadian CPI plus Employment