OK Folks,
It's Tuesday, 6:47 am. Today is expected to be a good trading day. Then again, I expect everyday to be a good trading day. That means I have work cut out for me. I still cant except losing $. I have to take the emotion out of that. Remember my beef with USD/CAD pair? Well no more, I tell you. Me and this pair get along fabulously now. Actually I just scapled $8.98. Let's hope that all this news out at 8:30 is Dollar positive.
ECONOMIC CALENDAR Monday, May 15
May New York Fed Manufacturing Index: 12.4. Consensus: 17. Previous: 15.8.
Tuesday, May 16
7:45 a.m. ICSC Store Sales Index For May 14 Wk. Previous: -0.4 percent.
8:30 a.m. April Housing Starts. Previous: -7.8 percent.
8:30 a.m. April Producer Price Index. Consensus: +0.8 percent. Previous: +0.5 percent.
8:30 a.m. April Producer Price Index, Ex-Food & Energy. Consensus: +0.2 percent. Previous: +0.1 percent.
8:55 a.m. Redbook Retail Sales Index For May 14 Wk. Previous: -2.9 percent.
9:15 a.m. April Industrial Production. Consensus: +0.5 percent. Previous: +0.6 percent.
9:15 a.m. April Capacity Utilization. Consensus: 81.6 percent. Previous: 81.3 percent.
Wednesday, May 17
8:30 a.m. April Consumer Price Index. Consensus: +0.6 percent. Previous: +0.4 percent.
8:30 a.m. April Consumer Price Index, Ex-Food & Energy. Consensus: +0.2 percent. Previous: +0.3 percent.
Thursday, May 18
8:30 a.m. Initial Jobless Claims For May 14 Wk. Consensus: -9K. Previous: -1K.
10 a.m. April Conference Board Leading Indicators. Consensus: +0.1 percent. Previous: -0.1 percent.
10 a.m. DJ-BTMU Business Barometer For May 7. Previous: +0.6 percent.
12 p.m. May Philadelphia Fed Business Index. Conseusus: 12.4. Previous: 13.2.
Friday, May 19
No major economic indicators are scheduled for today.
Source: Dow Jones
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