Economic Data Calls for Aug 7, 2019

Here’s what we are looking for in tomorrow’s economic reports (Aug 7, 2019) — Good Luck Trading!

1. RBNZ Rate Decision (22:00 ET) No Trade — RBNZ is expected to cut rates but key is what they do next

2. German Industrial Production (02:00 ET) Bullish EUR — Potential upside surprise given rise in factory orders and German manufacturing PMI index

3. Canadian Rate Decision (10:00 ET) Bearish CAD — Potential downside surprise given drop in prices and retail sales