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Here’s what we are looking for in tomorrow’s economic reports (Apr 18, 2017) — Good Luck Trading!
1. RBA Meeting Minutes (21:30 NY Time) No Trade – Air of caution, could be dovish but we don’t trade minutes
2. US Housing Starts and Building Permits (8:30 NY Time) No Trade – Housing data is hard to predict
3. CA Existing Home Sales (9:00 NY Time) Bullish CAD – Potential for upside surprise given that the Canadian housing market is hot
4. US Industrial and Manufacturing Production (9:15 NY Time) Bearish USD – Potential for downside surprise Lower ISM manufacturing index