Economic Data Calls for May 23, 2019

Here’s what we are looking for in tomorrow’s economic reports (May 23, 2019) — Good Luck Trading!

1. NZ Trade Balance (18:45 ET) Bearish NZD — Potential downside risk given last month’s strong rise and RBNZ dovishness

2. UK Retail Sales (04:30 ET) Bullish GBP — Potential upside surprise given sharp rise in BRC retail sales

3. US Durable goods (08:30 ET) No Trade — Pullback likely in durable goods but market impact is hard to predict