Here’s what we are looking for in tomorrow’s economic reports (October 17, 2019) — Good Luck Trading!
1. AU Employment (20:30 ET) No Trade — Employment component of manufacturing & construction PMIs improved but services fell
2. UK Retail Sales (04:30 ET) Bearish GBP — Potential downside surprise giveen significantly lower shop prices and drop in BRC retail sales
3. US Housing Starts & Building Permits (08:30 ET) No Trade — Lower interest rates should help housing but past month’s report was very strong so pullback is possible