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