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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