Here’s what we are looking for in tomorrow’s economic reports (May 3, 2019) — Good Luck Trading!
1. AU PMI Services (18:30 ET) Bullish AUD — Potential upside surprise given stronger manufacturing activity
2. UK PMI Services (04:30 ET) Bearish GBP — Potential downside surprise given lower manufacturing activity
3. EZ CPI Estimate (05:00 ET) Bearish EUR — Potential downside surprise given lower PPIs
4. US Non-Farm Payrolls (08:30 ET) No Trade — Likely to be dollar positive but NFPs are best traded reactively