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Economic Data Calls for 5/11/18
Here’s what we are looking for in tomorrow’s economic reports (May 11, 2018) — Good Luck Trading!
1. NZ Manufacturing PMI (18:30 NY Time) Bearish NZD – Potential for downside given Recent data like trade and biz confidence lower
2. CA Employment Report (8:30 NY Time) Bearish CAD – Potential for downside given Drop in employment component of IVEY PMI but IVEY up a lot
3. US U. of Mich. Report (10:00 NY Time) Bullish USD – Potential for upside given Sentiment likely to improve with equity stability and reduced geopolitical tensions