Economic Data Calls for May 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 17, 2019) — Good Luck Trading!

1. NZ PMI Manufacturing & PPI (18:30 ET) Bearish NZD -- Recent rate cut signals potential downside surprise for manufacturing. Softer CPI also signals weaker PPI

2. EZ CPI (05:00 ET) No Trade -- Revisions are hard to predict but changes can be market moving

3. University of Michigan Consumer Index (10:00 ET) Bearish USD -- Sentiment is likely to sour on the back of lower stocks and trade war tensions

Economic Data Calls for May 15, 2019

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

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 May 14, 2019

Weekly Calendar Calls

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

1. GE CPI (02:00 ET) No Trade -- Revisions are difficult to predict but changes will be market moving

2. UK Labor Data (04:30 ET) Bearish GBP -- Potential downside surprise as service and manufacturing PMIs report weaker labor conditions

3. EZ Industrial Production & German ZEW (05:00 ET) Bullish EUR -- Potential upside surprise given stronger German IP and green shoots in EZ economy

Economic Data Calls for May 10, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 10, 2019) — Good Luck Trading!

1. GE Trade & Current Account Balance (02:00 ET) Bullish EUR -- Stronger Industrial Production & PMI Signals Better Trade Balance

2. UK Q1 GDP (04:30 ET) Bullish USD -- Potential upside surprise given better retail sales & trade balance

3. CAD Employment (08:30 ET) Bearish CAD -- Potential downside surprise given lower employment component of IVEY PMI

4. US CPI (08:30 ET) No Trade -- Tough call as higher gas prices offset by weaker PPI. Its not clear whether inflation increased or decreased

Economic Data Calls for May 8, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 8, 2019) — Good Luck Trading!

1. RBNZ Rate Decision (20:00 ET) Bearish NZD -- RBNZ has alot to be worried about -- likely to be dovish given data & trade concerns

2. Chinese Trade Balance (0:00 ET) No Trade -- Chinese data is hard to predict but can be market moving

3. GE Industrial Production (02:00 ET) Bearish EUR -- Potential downside surprise given weakness in German factory orders

Economic Data Calls for May 7, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 7, 2019) — Good Luck Trading!

1. AU Trade Balance & Retail Sales (21:30 ET) Bullish AUD -- Stronger PMI Manufacturing and uptick in sales component of retail sales signals upside surprise

2. RBA Rate Decision (0:30 ET) Bearish AUD -- Rate decisions are best traded reactively but RBA likely to be dovish

3. CAD IVEY PMI (10:00 ET) Bearish CAD -- Potential downside surprise given weakness in GDP and employment during the month of March