Economic Data Calls for 04.05.2016

Here’s what we are looking for in tomorrow’s economic reports (April 4, 2016) — Good Luck Trading!

1. AU PMI Services and Trade Balance (19:30 NY Time) -- Bullish AUD -- Potential upside surprise given sharp increase in manufacturing PMI -- strongest since 2004

2. RBA Rate Decision (12:30AM NY Time) -- No Trade -- We do not trade rate decisions but likely to be positive

3. Eurozone PMI Revisions (03:55AM NY Time) -- No Trade -- Revisions are difficult to predict but can be market moving

4. UK PMI Services (04:30 NY Time) -- Bullish GBP -- Potential upside surprise given increase in PMI manufacturing and construction

5. EZ Retail Sales (05:00 NY Time) -- Bearish EUR -- Potential downside surprise given drop in German and French spending

6. US Trade Balance (08:30 NY Time) -- Bullish USD -- Potential upside surprise given sharp rise in ISM manufacturing

7. CAD Trade Balance (08:30 NY Time) -- Bearish CAD -- Potential downside surprise given sharp drop in IVEY PMI and strong currency

8. US ISM Non-Manufacturing (10:00 NY Time) -- Bullish USD -- Potential upside surprise given decent payrolls and rise in ISM manufacturing
Uncategorized Weekly Calendar Calls

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