Here’s what we are looking for in tomorrow’s economic reports (May 02, 2017).
1. Caixin China PMI Mfg. (21:45 NY Time) No Trade -- Chinese data is hard to predict.
2. RBA Cash Rate Target (00:30 NY Time) No Trade -- We do not trade rate decisions.
3. GE and EZ Mfg. PMI Revisions (3:55 and 4:00 NY Time) No Trade -- Revisions are hard to predict but changes will be market moving.
4. UK PMI (4:30 NY Time) Bearish GBP -- Potential for downside surprise given major deterioration in CBI index.
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