Economic Data Calls for 5/3/17

Here’s what we are looking for in tomorrow’s economic reports (May 03, 2017) — Good Luck Trading!

1. NZ Employment Report (18:45 NY Time) Bearish NZD -- Potential for downside surprise given slightly weaker NZ Manpower survey but higher ANZ job ads

2. AiG PMI Services (8:30 NY Time) Bullish AUD -- Potential for upside surprise given stronger PMI manufacturing data

3. GE Unemployment Change (3:55 NY Time) Bullish EUR -- Potential for upside surprise given job creation remained strong in April according to PMI

4. EZ GDP and PPI (5:00 NY Time) No Trade -- Weaker GE PPI but GE GDP released after EZ report

5. US ADP Employment (8:15 NY Time) No Trade -- ADP hard to predict but can be market moving

6. US Services, Composite PMI and ISM Non-Manufacturing Composite (9:45 and 10:00 NY Time) Bearish USD -- Potential for downside surprise given decline in ISM manufacturing

7. FOMC Rate Decision (14:00 NY Time) No Trade -- We do not trade rate decisions
Weekly Calendar Calls

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