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Economic Data Calls for April 16, 2020
Here’s what we are looking for in tomorrow’s economic reports (April 16, 2020) — Good Luck Trading!
1. AU Employment Report (21:30 ET) No Trade — Job losses are expected but employment component of PMI and PSI improved for March
2. EZ Industrial Production (05:00 ET) No Trade — Smaller increase in GE IP. Feb data should not have much virus impact
3. US Philadelphia Fed & Housing Data (08:00 ET) Bearish USD —Weaker housing, manufacturing data expected. Jobless should remain high