Economic Data Calls For Jan. 22

Here’s what we are looking for in Tuesday's economic reports (Jan 22, 2019).

1. UK Employment Report (04:30 NY Time) Bearish GBP-- Potential downside surprise as job growth slows in services and construction. There was a particularly significant drop in services

2. GE ZEW (05:00 NY Time) Bearish EUR -- Potential downside surprise as recent deterioration in EZ data could hit investor confidence

3. US Existing home sales (10:00 NY Time) Bearish USD-- Potential downside surprise as rising interest rates curb housing demand

4. NZ CPI (16:45 NY Time) Bearish NZD -- Potential downside surprise as Lower food and energy prices dampen CPI