Here’s what we are looking for in tomorrow’s economic reports (April 24, 2019) — Good Luck Trading!
1. AU CPI (21:30 ET) Bearish AUD — Potential downside surprise given drop in consumer inflation expectations
2. German IFO Report (04:00 ET) No Trade — Likely to be a bit firmer but tough call given mixed ZEW and PMIs
3. Bank of Canada Rate Decision (10:00 ET) Bearish CAD — Despite data improvements we expect BoC to reiterate concerns about economy & global growth