Economic Data Calls for 8/2/18

Here’s what we are looking for in tomorrow’s economic reports (Aug 2, 2018) — Good Luck Trading!

1. AU Trade Balance (21:30 NY Time) — Bearish AUD — Potential for downside surprise given drop in PMI manufacturing

2. EZ PPI (5:00 NY Time) — Bearish EUR — Potential for downside surprise given Weaker GE and French PPI

3. UK Rate Decision (7:00 NY Time) No Trade — Investors are looking for a rate hike but guidance is key