Wednesday, April 22, 2020

Economic Data Calls for April 23, 2020

Here’s what we are looking for in tomorrow’s economic reports (April 22, 2020) — Good Luck Trading!

1. AU PMI (19:00 ET) – Bearish AUD — AU PMIs should be very weak
2. UK Retail Sales (02:00 ET) Bearish GBP — Weaker labor data and average wages
3. GE and EZ PMIs (03:30 ET) Bearish GBP — Weaker IP and factory orders
4. UK PMIs (04:30 ET) Bearish GBP — April PMIs expected to be very weak
5. US Jobless Claims, Markit PMIs and New Home Sales (08:30, 09:45, 10:00 ET) Bearish USD — Markit PMIs and new home sales should be weak



* This article was originally published here

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