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Economic Data Calls for 04.22.2016
Here’s what we are looking for in tomorrow’s economic reports (April 22, 2016) — Good Luck Trading!
1. Eurozone PMIs (03:30 GMT NY Time) -- Bearish EUR -- Potential downside surprise given sharp drop in GE IP and factory orders
2. CAD Retail Sales and CPI (08:30 GMT NY Time) -- No Trade -- Wholesale sales point to potential drop in retail sales but price component of IVEY points to potential rise in CPI so no trade
3. US Markit PMI (09:45 GMT NY Time) -- No Trade -- Stronger Empire offset by lower Philly Fed index