Economic Data Calls for March 24, 2021

Here’s what we are looking for in tomorrow’s economic reports (March 24, 2021) — Good Luck Trading!

1. New Zealand Trade Balance (17:45PM) – Bearish NZD – Drop in PMI Manufacturing index signals weakness in trade
2.  AU Markit PMIs Services and Composite (18:00PM) – No Trade – PMIs are hard to predict but can be market moving
3.  UK CPI (3:00AM) –  Bullish GBP   – Manufacturing sector reports rapid price rises. In services, input prices fastest in 12 months. Services same
4.  EZ PMIs (4:30AM) –  Bearish EUR   – With new lockdowns and slow vaccine rollout, PMIs could weaken
5.  UK PMIs (5:30AM) –  Bullish GBP   – Manufacturing sector reports rapid price rises. In services, input prices fastest in 12 months. Services same
6.  US Markit PMIs (9:45AM) –  Bullish USD   – Smooth vaccine rollout and stimulus should boost activity

The post Economic Data Calls for March 24, 2021 first appeared on Forex Trading Ideas - Smart Trading Starts with Right Strategies.

* This article was originally published here