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Here’s what we are looking for in tomorrow’s economic reports (May 11, 2017) — Good Luck Trading!
1. RBNZ Official Cash Rate (17:00 NY Time) No Trade – Rate decisions are hard to call
2. UK Industrial Production, Manufacturing Production and Trade Balance (4:30 NY Time) Bullish GBP – Potential for upside surprise given Stronger manufacturing PMI report
3. BoE Rate Decision (7:00 NY Time) No Trade – Will be very market moving but rate decisions especially BoE Q report is hard to predict
4. US PPI Final Demand (8:30 NY Time) Bullish USD – Potential for upside surprise given stronger import prices