Economic Data Calls for 5/1/18

Here’s what we are looking for in tomorrow’s economic reports (May 1, 2018) — Good Luck Trading!

1. AU PMI Manufacturing (18:30 NY Time) – Bearish AUD – Potential for downside surprise given Possible pullback after strong March. Biz confidence down too

2. RBA Cash Rate Target (00:30 NY Time) – No Trade – No changes expected, likely to remain neutral

3. UK PMI Manufacturing (4:30 NY Time) – Bearish GBP – Potential for downside surprise given No change in CBI except sentiment

4. CA GDP (8:30 NY Time) – Bearish CAD – Potential for downside surprise given Weaker trade balance, weaker retail sales ex auto

5. US ISM Manufacturing (10:00 NY Time) – Bearish USD – Potential for downside surprise given Weaker Chicago and weaker empire state

Weekly Calendar Calls

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