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Economic Data Calls for June 14, 2019
Here’s what we are looking for in tomorrow’s economic reports (June 14, 2019) — Good Luck Trading!
1. NZ Business PMI Report (18:30 ET) Bearish NZD – Potential downside surprise as NZ should feel the sting of lower dairy prices and slower Chinese growth
2. Chinese Industrial Production & Retail Sales (20:00 ET) No Trade – Chinese data can be very market moving but hard to predict
3. US Retail Sales (08:30 ET) No Trade – Gas prices fell in May but Redbook reported uptick in retail sales. Tough call this month because stocks also fell
4. US University of Michigan Consumer Sentiment Index (10:00 ET) Bearish USD – Sell-off in stocks and deterioration in US-Sino relations signals weakness in sentiment