Economic Data Calls for 10/16/18

Here’s what we are looking for in tomorrow’s economic reports (Oct 16, 2018) — Good Luck Trading!

1. NZ CPI (17:45 NY Time) Bearish NZD — Potential for downside surprise given food and commodity prices fell in Q3

2. RBA Oct Meeting Minutes (21:30 NY Time) — No Trade — RBA will maintain neutral outlook

3. UK Labor Report (4:30 NY Time) Bullish GBP — Potential for upside surprise given Strong rise in services and construction jobs. Manufacturing jobs also on the rise

4. EZ Trade Balance and GE ZEW Survey (5:00 NY Time) — No Trade — Stronger GE trade, weaker FR trade. Outlook for investor confidence unclear

5. US Industrial and Manufacturing Production (9:15 NY Time) Bullish USD — Potential for upside surprise given stronger Empire Manufacturing data