Here’s what we are looking for in tomorrow’s economic reports (Nov 15, 2018) — Good Luck Trading!
1. AU Labor Report (19:30 NY Time) Bullish AUD — Potential for upside surprise given Employment conditions improved in services & construction but deteriorated in manufacturing
2. UK Retail Sales (4:30 NY Time) Bearish GBP — Potential for downside surprise given Lower shop prices, modest increase in retail sales
3. EZ Trade Balance (5:00 NY Time) Bullish EUR — Potential for upside surprise given Stronger GE and french trade balance
4. US Retail Sales (8:30 NY Time) No Trade — May be a miss as forecasts are high, Redbook retail sales increased slightly & wage growth slowed