Economic Data Calls for 5/4/17

Here’s what we are looking for in tomorrow’s economic reports (May 4, 2017) — Good Luck Trading!

1. AU Trade Balance (21:30 NY Time) Bullish AUD -- Potential for upside surprise given stronger PMI manufacturing

2. GE and EZ Services and Composite PMI Revisions (3:55 and 4:00 NY Time) No Trade -- Revisions are hard to predict but changes will be market moving

3. UK Services and Composite PMI (4:30 NY Time) Bullish GBP -- Potential for upside surprise given stronger PMI manufacturing

4. EZ Retail Sales (5:00 NY Time) Bearish EUR -- Potential for downside surprise given weak GE and French retail sales

5. US Trade Balance (8:30 NY Time) Bearish USD -- Potential for downside surprise given weak ISM manufacturing data

6. CA International Merchandise Trade (8:30 NY Time) Bullish USD -- Potential for upside surprise given rise in IVEY PMI
Weekly Calendar Calls

Leave a Comment

Your email address will not be published. Required fields are marked *