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Economic Data Calls for May 15, 2019
Here’s what we are looking for in tomorrow’s economic reports (May 14, 2019) — Good Luck Trading!
1. Chinese Industrial Production & Retail Sales (22:00 ET) No Trade – Chinese data is difficult to predict but can be very market moving
2. GE & EZ GDP (02:00 ET) Bullish EUR – Potential upside surprise given improvement in retail sales & trade in the first quarter in Germany
3. CAD CPI (08:30 ET) Bearish CAD – Potential downside surprise given nominal increase in price component of IVEY PMI
4. US Retail Sales (08:30 ET) Bullish USD – Potential upside surprise given sharp rise inn gas prices and uptick in average hourly earnings