Economic Data Calls for May 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 15, 2019) — Good Luck Trading!

1. AU Employment Report (21:30 ET) Bearish AUD -- Potential downside surprise given major deterioration in the employment component of manufacturing, service and construction PMIs

2. EZ Trade Balance (05:00 ET) Bullish EUR -- Potential upside surprise given improvement in Germany’s trade balance

3. US Housing Starts, Building Permits & Philly Fed Survey (08:30 ET) Bullish USD -- Potential upside surprise given higher Empire State survey and diminished chance of a rate hike by the Fed

Economic Data Calls for May 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 14, 2019) — Good Luck Trading!

1. Chinese Industrial Production & Retail Sales (22:00 ET) No Trade -- Chinese data is difficult to predict but can be very market moving

2. GE & EZ GDP (02:00 ET) Bullish EUR -- Potential upside surprise given improvement in retail sales & trade in the first quarter in Germany

3. CAD CPI (08:30 ET) Bearish CAD -- Potential downside surprise given nominal increase in price component of IVEY PMI

4. US Retail Sales (08:30 ET) Bullish USD -- Potential upside surprise given sharp rise inn gas prices and uptick in average hourly earnings

Economic Data Calls for April 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 15, 2019) — Good Luck Trading!

1. NZ PMI Services (18:45 ET) Bearish NZD -- Potential downside surprise given RBNZ dovishness & Weak PMI Manufacturing

2. US Empire State Survey (08:30 ET) Bullish USD -- Empire is hard to predict but rebound is likely after last month’s soft read

Economic Data Calls for March 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (March 15, 2019) — Good Luck Trading!

1. NZ PMI Manufacturing (17:30 ET) Bearish NZD -Led by softness in Australia, activity in New Zealand could be weaker as well

2. Bank of Japan Rate Decisions (00:00 ET) No Trade -- No policy changes are expected but the BoJ could lower their economic assessment

3. EZ CPI (06:00 ET) No Trade -- Revisions are difficult to predict but can be market moving

4. Empire State & University of Michigan Consumer Sentiment Index (08:30 & 10:00 ET) Bullish USD -University of Michigan index should be higher as economic optimism continues to rebound based on Dow rise. Empire however is hard to predict

Economic Data Calls for Feb 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Feb 15, 2019) — Good Luck Trading!

1. NZ Business PMI (16:30 ET) Bearish NZD -- Potential downside surprise general downtrend NZ in economy

2. UK Retail Sales (04:300 ET) No Trade -- Although shop prices continue to fall, a recovery possible after sharp drop month prior

3. EZ Trade Balance (05:00 ET) Bearish EUR -- Potential downside surprise given weaker trade balance

4. University of Michigan Consumer sentiment index (10:00 ET) Bullish USD -- Potential for upside surprise given equity market recovery

Economic Data Predictions for Jan 15, 2019

by Kathy Lien Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 15, 2019) — Good Luck Trading!

1. EZ Industrial Production (05:00 NY Time) No Trade -- Stronger German trade balance offset by weaker French trade

2. US Empire State & PPI (08:30 NY Time) Bearish USD -- Potential for downside surprise given drop in oil prices in December. Manufacturing activity should remain subdued