Tuesday, February 4, 2020

Economic Data Calls for February 5, 2020

Here’s what we are looking for in tomorrow’s economic reports (February 5, 2020) — Good Luck Trading!

1. EZ PMI Services (03:55 ET) No Trade — Revisions are difficult to predict but changes can be market moving

2. UK PMI Services (04:30 ET) No Trade — Unlikely to have changes but if they are made, market moving

3. EZ Retail Sales (04:30 ET) Bearish EUR — Very weak German and French retail sales

4. US Trade Balance (08:30 ET) Bullish USD — Potential upside given rise in ISM manufacturing

5. CAD Trade Balance (08:30 ET) Bearish CAD — Strong chance of decline given big drop in IVEY PMI

6. US ISM Manufacturing (10:00 ET) Bullish USD — Potential upside given rise in ISM manufacturing


* This article was originally published here


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* This article was originally published here