Trades for week of May 20 thru 25, 2012

This week offers up slightly more opportunity than last week did, though that is not saying much since the bar was set so low last week.

This is the list:

Tue 5/22 4:30 AM – UK CPI                         
Wed 5/23 4:30 AM – UK Retail Sales
Wed 5/23 8:30 AM – CAD Core Retail Sales
Thu 5/24 4:30 AM – UK Revised GDP q/q

Lot of UK action this week. The only one I am likely to trade is the Retail Sales trade. The only UK GDP that tends to be a big mover is the Preliminary GDP and that won’t happen again till July. And I think we are still a ways off from the CPI trades starting to matter. I will post for these but don’t expect much and trade conservatively. The CAD Retail Sales really hasn’t done much lately either. The big opportunity of the week is the UK Retail Sales.