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Economic Data Calls for 5/8/18
Here’s what we are looking for in tomorrow’s economic reports (May 8, 2018) — Good Luck Trading!
1. AU Retail Sales (21:30 NY Time) -- Bullish AUD -- Potential for upside surprise given Higher sales per PSI & retail sales up in Jan/Feb
2.NZ 2YR Inflation Expectation (23:00 NY Time) -- Bullish NZD -- Potential for upside surprise given Uptick in food prices
3. CH Trade Balance (00:00 NY Time) -- No Trade -- Chinese trade balance is very market moving but hard to predict
4. GE Trade Balance, Current Account Balance and Industrial Production (2:00 NY Time) -- Bearish EUR -- Potential for downside surprise given Decline in factory orders fare and PMI manufacturing index was slightly lower