Economic Data Calls for 10/19/18

Here’s what we are looking for in tomorrow’s economic reports (Oct 19, 2018) — Good Luck Trading!

1. CH GDP, Retail Sales and Industrial Production (22:00 NY Time) — No Trade — Chinese data is hard to predict but can be very market moving. Growth is likely to be weaker as trade tensions intensify

2. CA Retail Sales and CPI (8:30 NY Time) — No Trade — Stronger wholesale sales but lower prices according to PMI

3. US Existing Home Sales (10:00 NY Time) Bearish USD — Potential for downside given Rising interest rates should dampen housing activity