Economic Data Calls for May 17, 2019

Here’s what we are looking for in tomorrow’s economic reports (May 17, 2019) — Good Luck Trading!

1. NZ PMI Manufacturing & PPI (18:30 ET) Bearish NZD – Recent rate cut signals potential downside surprise for manufacturing. Softer CPI also signals weaker PPI

2. EZ CPI (05:00 ET) No Trade – Revisions are hard to predict but changes can be market moving

3. University of Michigan Consumer Index (10:00 ET) Bearish USD – Sentiment is likely to sour on the back of lower stocks and trade war tensions

Weekly Calendar Calls

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