Headlines the Economic Calendar on Wednesday
In the US, Trade Balance will be important releases of today. US Trade Balance for April is expected to see the deficit increase to $50billion from $49billion.
Also, Canada Ivey PMI and Trade Balance will be widely followed by markets. Trade Balance for April is expected to see the deficit narrow to 3.40billion from 4.14billion. Ivey PMI is expected to ease to 69.7% in May from 71.5 over the previous month, A better realization would support Canadian Dollar against the Greenback.
Finally, US Crude oil stocks will be published. US Crude Oil Inventories is expected to decline by 1.824 M this week. Note that oil stocks declined by 3.620M barrels in last week.
06 Jun 18 (Wed)
06:23 am
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