Economic Data Calls For Jan. 8, 2019

Here’s what we are looking for in tomorrow’s economic reports (Jan 8, 2019) — Good Luck Trading!

1. AU Trade Balance (19:30 NY Time) Bearish AUD -- Potential for downside surprise give continued decline in PMI manufacturing index

2. German Industrial Production & Consumer Confidence (02:00 & 05:00 NY Time) Bearish EUR -- Potential for downside surprise give decline in PMI manufacturing index, factory orders & IFO

3. CAD Trade Balance (08:30 NY Time) Bearish CAD -- Potential for downside surprise given drop in IVEY previous month

4. US Trade Balance (08:30 NY Time) Bearish USD -- Potential for downside surprise given steep drop in US manufacturing activity