Economic Data Calls for April 29, 2022

Here’s what we are looking for in tomorrow’s economic reports (April 29, 2022) — Good Luck Trading!

1. AU PPI (21:30 ET) – Bullish AUD – Should be stronger given hot CPI
2. GE and EZ Q1 GDP (04:00 ET) – No Trade – Prices should be hotter but growth should be weaker
3. CAD GDP (08:30 ET) – Bearish CAD – Potential downside surprise given weaker retail sales and trade balance
4. US Personal Income and Spending (08:30 ET) – Bullish USD – Personal income and spending
numbers should be hotter given rise in wages and core retail sales
5.US University of Michigan Revisions (10:00 ET) – No Trade – Revisions are difficult to predict and best traded reactively

Weekly Calendar Calls

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