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Economic Data Calls for May 8, 2019
Here’s what we are looking for in tomorrow’s economic reports (May 8, 2019) — Good Luck Trading!
1. RBNZ Rate Decision (20:00 ET) Bearish NZD -- RBNZ has alot to be worried about -- likely to be dovish given data & trade concerns
2. Chinese Trade Balance (0:00 ET) No Trade -- Chinese data is hard to predict but can be market moving
3. GE Industrial Production (02:00 ET) Bearish EUR -- Potential downside surprise given weakness in German factory orders