Economic Data Calls for May 10, 2019

Here’s what we are looking for in tomorrow’s economic reports (May 10, 2019) — Good Luck Trading!

1. GE Trade & Current Account Balance (02:00 ET) Bullish EUR – Stronger Industrial Production & PMI Signals Better Trade Balance

2. UK Q1 GDP (04:30 ET) Bullish USD – Potential upside surprise given better retail sales & trade balance

3. CAD Employment (08:30 ET) Bearish CAD – Potential downside surprise given lower employment component of IVEY PMI

4. US CPI (08:30 ET) No Trade – Tough call as higher gas prices offset by weaker PPI. Its not clear whether inflation increased or decreased

Weekly Calendar Calls