Economic Data Calls for 11.29.2018

Here’s what we are looking for in tomorrow’s economic reports (Nov 29, 2018) — Good Luck Trading!

1. GE Unemployment (03:55 NY Time) Bearish EUR — Potential for downside surprise after PMIs report the lowest level of employment growth since May

2. UK Mortgage Approvals (04:30 NY Time) Bearish GBP — Potential for downside surprise as housing market activity is likely to suffer under Brexit uncertainty

3. Eurozone Confidence (05:00 NY Time) Bearish EUR — Potential for downside surprise given lower PMIs, ZEw and IFO

4. German CPI (08:00 NY Time) No trade — Inflationary impact of weaker euro offset by drop in oil prices

5. CAD Current Account (08:30 NY Time) Bullish CAD — Potential for upside surprise given sharp improvement in trade

6. Personal Spending and Income (08:30 NY Time) Bullish USD — Potential for upside suprise given stronger spending and decent wage growth182463996

7. Personal Spending and Income (08:30 NY Time) Bullish USD — Potential for upside surprise given stronger spending and decent wage growth

8. FOMC Minutes (14:00 NY Time) Bullish USD — Fed minutes likely to be hawkish