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Economic Data Calls for June 15, 2022
Here’s what we are looking for in tomorrow’s economic reports (June 14, 2022) — Good Luck Trading!
1. Chinese Industrial Production + Retail Sales (22:00 ET) – No Trade – Chinese data can be market moving but hard to predict
2. EZ Trade Balance (05:00 ET) – Bearish EUR – Weaker GE trade balance
3. US Retail Sales & Empire State (08:30 ET) – Bearish USD -Retail sales Redbook measures lower in May than April but gas prices rose sharply. Spending should remain robust
4. US FOMC (02:00 ET) – Bullish USD -Rate decisions are best traded reactively