Here’s what we are looking for in tomorrow’s economic reports (Dec 21, 2018) — Good Luck Trading!
1. UK GDP (04:30 NY Time) No Trade — Data generally isnt revised but changes will be market moving
2. CAD Retail Sales & GDP (08:30 NY Time) Bullish CAD — Potential for upside surprise given strong employment and wholesale sales growth
3. US Q3 GDP Revisions & Durable Goods (08:30 NY Time) No Trade — GDP Revisions are difficult to predict but changes will be market moving
4. US personal income and spending & University of Michigan Consumer Sentiment Index (10:00 NY Time) Bearish USD — Potential for downside surprise given weaker wage growth, retail sales beat but weaker from prior month