Economic Data Calls for 5/12/17

Here’s what we are looking for in tomorrow’s economic reports (May 12, 2017) — Good Luck Trading!

1. GE GDP and CPI (2:00 NY Time) Bearish EUR -- Potential for downside surprise given Weaker GE retail sales, weaker GE trade

2. EZ Industrial Production (5:00 NY Time) Bullish EUR -- Potential for upside surprise given stronger GE industrial production data

3. US CPI and Retail Sales (8:30 NY Time) Bullish USD -- Potential for upside surprise given stronger PPI, gas prices extended higher in April and Redbook reports stronger retail sales

4. U. of Mich. Consumer Sentiment Report (10:00 NY Time) Bearish USD -- Potential for downside surprise given lower IBD/TIPP index
Uncategorized Weekly Calendar Calls

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