Here’s what we are looking for in tomorrow’s economic reports (March 22, 2019) — Good Luck Trading!
1. German and EZ PMIs (04:30 ET) Bearish EUR — Potential downside surprise given drop in German industrial production & factory orders. ZEW was mixed
2. CAD CPI & Retail Sales (08:30 ET) Bullish CAD — Potential upside surprise given rise in wholesale sales and strong employment. Prices also recovered according to IVEY PMI
3. US Existing Home Sales (10:00 ET) Bearish USD — Potential downside surprise given significantly large decline in new home sales