Economic Data Calls for 5/25/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 25, 2018) — Good Luck Trading!

1. GE IFO Business Report (4:00 NY Time) Bearish EUR -- Potential for downside surprise weaker PMIs

2. UK GDP (4:30 NY Time) -- No Trade -- Revisions are difficult to predict but changes will be market moving

3. US Durable Goods Orders and U. of Mich. Report Revision (8:30 and 10:00 NY Time) -- No Trade -- Durable goods orders and final University of Michigan consumer sentiment numbers are difficult to predict and only mildly market moving

Economic Data Calls for 5/24/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 24, 2018) — Good Luck Trading!

1. NZ Trade Balance (18:45 NY Time) Bullish NZD -- Potential for upside given Sharp rise in business manufacturing PMI index

2. GE GDP Revisions (2:00 NY Time) -- No Trade -- Final figures are difficult to handicap but changes will be market moving

3. UK Retail Sales (4:30 NY Time) Bearish GBP -- Potential for downside given Sharp fall in BRC retail sales. Mild slowdown in wage growth

4. US Existing Home Sales (10:00 NY Time) Bearish USD -- Potential for downside given Fall in New Home Sales

Economic Data Calls for 5/23/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 23, 2018) — Good Luck Trading!

1. GE and EZ PMI’s (3:30 and 4:00 NY Time) Bullish EUR -- Potential for upside surprise given Stronger industrial production offset by weaker factory orders. No major changes in ZEW

2. UK CPI, RPI and PPI (4:30 NY Time) Bearish GBP -- Potential for downside surprise given BRC shop prices continued to fall at similar pace & BoE expressed concerns about inflation slowing faster than anticipated

3. US New Home Sales and FOMC Meeting Minutes (10:00 and 14:00 NY Time) -- No Trade -- We do not trade minutes but housing data likely to be dampened by higher rates

Economic Data Calls for 5/18/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 18, 2018) — Good Luck Trading!

1. GE PPI Output (2:00 NY Time) -- No Trade -- Wholesale price index comes out same day as EZ PPI

2. GE Current Account and Trade Balance (4:00 and 5:00 NY Time) Bullish EUR -- Potential for upside surprise given Stronger GE Current Account and Trade, weaker FR data

3. CA Retail Sales and CPI (8:30 NY Time) Bullish CAD -- Potential for upside surprise given Sharp rise in price component of IVEY and increase in wholesale sales

Economic Data Calls for 5/17/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 17, 2018) — Good Luck Trading!

1. NZ PPI Output (18:45 NY Time) -- No Trade -- Rise in quarterly CPI but slowdown in yoy PPI

2. AU Employment Report (21:30 NY Time) Bearish AUD -- Potential for downside given Employment component of manufacturing and services PMI declined

3. US Philadelphia Fed Business Outlook (8:30 NY Time) Bullish USD -- Potential for upside given rise Empire Manufacturing

Economic Data Calls for 5/16/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 16, 2018) — Good Luck Trading!

1. JN GDP (19:50 NY Time) Bearish JPY -- Potential for downside surprise given Weaker trade balance and retail sales

2. GE and EZ CPI (2:00 and 5:00 NY Time) -- No Trade -- Revisions to CPI are hard to predict but changes can be market moving

3. US Housing Starts, Building Permits, Industrial and Manufacturing Production (8:30 and 9:15 NY Time) -- No Trade -- Housing data is difficult to predict but can be market moving

Economic Data Calls for 5/15/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 15, 2018) — Good Luck Trading!

1. RBA Meeting Minutes (21:30 NY Time) -- No Trade -- We do not trade minutes

2. CH Retail Sales and Industrial Production (22:00 NY Time) -- No Trade -- Chinese data is very market moving but hard to predict

3. GE GDP (2:00 NY Time) -- Bearish EUR -- Potential for downside surprise given Weaker GE retail sales, steady trade balance

4. UK Employment Report (4:30 NY Time) -- Bearish GBP -- Potential for downside surprise given Employment component of manufacturing and services PMI declined

5. EZ Industrial Production, GDP and GE ZEW Survey (5:00 NY Time) -- No Trade -- Investor confidence is difficult to predict and German GDP released on same day as EZ GDP so tough to predict

6. US Empire Manufacturing and Retail Sales Advance (8:30 NY Time) -- Bullish USD -- Potential for upside surprise given Johnson Redbook retail sales increased. Gas prices up as well