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Economic Data Calls for May 13. 2020
Here’s what we are looking for in tomorrow’s economic reports (May 13 2020) — Good Luck Trading!
1. RBNZ Rate Decision (22:00 ET) No Trade — Rate decisions are best traded reactively
2. UK Q1 GDP (04:30 ET) Bearish GBP — Weakest reading expected in 45 years with retail sales and trade hit hard by COVID-19
3. EZ Industrial Production (05:00 ET) Bearish EUR — Likely to be weaker given sharp drop in German and French industrial production
4. US PPI (08:30 ET) Bearish USD — Likely to be weaker given sharp drop in CPI