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Here’s what we are looking for in tomorrow’s economic reports (May 19, 2015) — Good Luck Trading!
1. RBA Minutes (9:30PM NY Time) No Trade – Will be very market moving for AUD but minutes are difficult to handicap
2. UK CPI (4:30AM NY Time) Bearish GBP – Potential downside surprise given continued drop in BRC shop prices
3. EZ Trade and GE ZEW (5AM NY Time) Bullish EUR – Potential upside surprise given rise in German trade activity and general improvement in EZ data
4. US Housing Starts & Building Permits (8:30AM NY Time) No Trade – First set of housing data is difficult to predict