Economic Data Calls for 5/23/18

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (May 23, 2018) — Good Luck Trading!

1. GE and EZ PMI’s (3:30 and 4:00 NY Time) Bullish EUR – Potential for upside surprise given Stronger industrial production offset by weaker factory orders. No major changes in ZEW

2. UK CPI, RPI and PPI (4:30 NY Time) Bearish GBP – Potential for downside surprise given BRC shop prices continued to fall at similar pace & BoE expressed concerns about inflation slowing faster than anticipated

3. US New Home Sales and FOMC Meeting Minutes (10:00 and 14:00 NY Time) – No Trade – We do not trade minutes but housing data likely to be dampened by higher rates