Economic Data Calls for April 18, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 18, 2019) — Good Luck Trading!

1. AU Employment (21:30 ET) No Trade -- The manufacturing sector reports labor market weakness. The service sector reports strength so this month’s release is difficult to predict.

2. EZ PMIs (03:30 & 04:30 ET) No Trade -- This month’s PMIs are hard to predict because industrial production accelerated but factory orders weakened. The ZEW was also mixed p>

3. UK Retail Sales (04:30 ET) Bearish GBP -- Potential downside given lower CPI and BRC sales

4. CAD Retail Sales (08:30 ET) Bullish CAD -- Potential upside given sharp rise in wholesale sales and strong job growth in Feb

5. US Retail Sales (08:30 ET) Bullish USD -- Potential upside given stronger gas prices and uptick in Redbook retail sales

Economic Data Calls for Jan 18, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Jan 18, 2019) — Good Luck Trading!

1. EZ Current Account (04:00 NY Time) No Trade -- Stronger German current account activity offset by weaker French activity

2. UK Retail Sales (04:30 NY Time) No Trade -- UK retail sales is a tough call this month because rise in shop prices is offset by a lower retail sales report according to the British Retail Consortium

3. CA CPI (08:30 NY Time) Bullish CAD -- Potential upside surprise given rise in prices according to IVEY PMI

4. University of Michigan Consumer Sentiment Index (10:00 NY Time) Bearish USD -- Potential downside surprise given equity market volatility which could have taken a toll on sentiment