Economic Data Calls for April 30, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 30, 2019) — Good Luck Trading!

1. Chinese PMIs (21:00 ET) No Trade -- Chinese data is difficult to handicap but very market moving

2. GE Unemployment (03:55 ET) Bullish EUR -- PMIs show strong job growth so potential upside surprise

3. GE CPI (08:00 ET) Bullish EUR -- Risk to the upside given stronger retail sales + trade balance

4. CAD GDP (08:30 ET) Bullish CAD -- Potential upside surprise given stronger trade balance & retail sales

5. US Pending Home Sales & Consumer Confidence (10:00 ET) Bullish USD -- Potential upside surprise given record stocks and Fed’s plan to keep rates steady for the rest of the year

Economic Data Calls for April 24, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 24, 2019) — Good Luck Trading!

1. AU CPI (21:30 ET) Bearish AUD -- Potential downside surprise given drop in consumer inflation expectations

2. German IFO Report (04:00 ET) No Trade -- Likely to be a bit firmer but tough call given mixed ZEW and PMIs

3. Bank of Canada Rate Decision (10:00 ET) Bearish CAD -- Despite data improvements we expect BoC to reiterate concerns about economy & global growth

Economic Data Calls for April 18, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 18, 2019) — Good Luck Trading!

1. AU Employment (21:30 ET) No Trade -- The manufacturing sector reports labor market weakness. The service sector reports strength so this month’s release is difficult to predict.

2. EZ PMIs (03:30 & 04:30 ET) No Trade -- This month’s PMIs are hard to predict because industrial production accelerated but factory orders weakened. The ZEW was also mixed p>

3. UK Retail Sales (04:30 ET) Bearish GBP -- Potential downside given lower CPI and BRC sales

4. CAD Retail Sales (08:30 ET) Bullish CAD -- Potential upside given sharp rise in wholesale sales and strong job growth in Feb

5. US Retail Sales (08:30 ET) Bullish USD -- Potential upside given stronger gas prices and uptick in Redbook retail sales

Economic Data Calls for April 17, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 16, 2019) — Good Luck Trading!

1. NZ CPI (18:45 ET) Bullish NZD -- Potential upside surprise given stronger food & commodity prices in Q1

2. Chinese Q1 GDP and Retail Sales (22:00 ET) No Trade -- Chinese data is very market moving but hard to predict

3. EZ Current account (04:00 ET) Bearish EUR -- Potential downside because of weaker German & French current account balance

4. UK CPI (04:30 ET) Bullish GBP -- Potential upside given rise in BRC shop price index

5. EZ Trade Balance & CPI (05:00 ET) Bullish EUR -- Potential upside given rise German & French trade balances

6. CAD CPI and Trade Balance (08:30 ET) Bullish CAD -- Potential upside given rise in IVEY PMI

7. US Trade Balance (08:30 ET) Bullish USD -- Potential upside given rise in manufacturing ISM

8. US Fed Beige Book (14:00 ET) No Trade -- Reports are hard to predict and best traded reactively

Economic Data Calls for April 16, 2019

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (April 16, 2019) — Good Luck Trading!

1. RBA Minutes (21:30 ET) Bearish AUD -- Potential downside surprise given RBA tweaks to policy statement

2. UK Labor Data (04:30 ET) Bullish GBP -- Potential upside surprise give improvement in employment component of manufacturing, service & construction PMI

3. GE ZEW Survey (05:00 ET) Bullish EUR -- Potential upside as rise in stocks & low yields could bolster sentiment