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Here’s what we are looking for in tomorrow’s economic reports (May 23, 2017) — Good Luck Trading!
1. NZ Trade Balance (18:45 NY Time) Bearish NZD – Potential for downside surprise given lower manufacturing PMI index but dairy prices have been up
2. US Existing Home Sales (10:00 NY Time) Bearish USD – Potential for downside surprise given decline in new home sales
3. BoC Rate Decision (10:00 NY Time) No Trade – We do not trade rate decisions
4. FOMC Meeting Minutes (14:00 NY Time) No Trade – We do not trade minutes