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Economic Calls for May 20, 2020
Here’s what we are looking for in tomorrow’s economic reports (May 20 2020) — Good Luck Trading!
1. UK CPI (04:30 ET) Bearish GBP — Downside risk as input prices fall for first time in services. Prices were subdued in manufacturing
2. EZ CPI Revisions (05:00 ET) No Trade — Revisions are difficult to predict but changes are market moving
3. CAD CPI (08:30 ET) Bearish CAD — Sharp drop in price component of IVEY PMI in April
5. FOMC Minutes (14:00 ET) No Trade — Fed likely to remain dovish but we do not trade minues