Wednesday, January 1, 2020

Economic Data Calls for December 20, 2019

Here’s what we are looking for in tomorrow’s economic reports (December 20, 2019) — Good Luck Trading!

1. UK GDP (04:30 ET) No Trade — Revisions are difficult to predict but changes will be market moving

2. US Current Account (04:30 ET) No Trade — Improvement in Q3 trade

3. CAD Retail Sales (00:00 ET) Bearish CAD — Potential downside surprise given drop in wholesale sales and weaker labor data

4. US GDP Revisions, Personal Income & Spending (08:30 ET) No Trade — Revisions are difficult to predict but personal spending should be weaker with softer wage growth.

5. US Revisions to University of Michigan Consumer Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but can be market moving


* This article was originally published here


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* This article was originally published here