Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economy policies, political moves, global agendas and more.
BUT first, to start off your day with a bang, here's a recap of the important news we think you should recall, ICYMI yesterday!
- Canada's September manufacturing sales +1.5% versus +1.5% expected.
- Organisation of Petroleum Exporting Countries (OPEC)+ cut compliance slips to 96%.
- Moderna reports that coronavirus vaccine found to be 94.5% effective.
- Japan's industrial production data for September (final) +3.9% m-o-m and -9% y-o-y.
- China's activity data for October - Industrial production 6.9% (versus expected 6.7%) and retail sales 4.3% y-o-y (expected 5.0%).
- China October home prices +0.15% m-o-m (from +0.35% prior).
- U.K. data - Rightmove house prices for November -0.5% m-o-m (prior 1.1%).
- Japan's Gross Domestic Product (GDP) preliminary for third quarter: 5.0% q-o-q (versus expected 4.4%).
- Coronavirus weekend news: China-developed vaccine to enter late-stage trial.
- New Zealand services Purchasing Managers' Index (PMI) for October is 51.4 (prior 50.3).
- Nearly one-third of the world's population signs free trade agreement.
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