READ N' GO-Daily News Recap


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!

  1. Atlanta Federal Reserve (Fed) GDPNow first quarter forecast: 4.6% versus 6.0% prior.
  2. U.S. House approved budget package. Paves way for Biden's Covid-19 aid plan.
  3. Australia Retail Sales for December, final: -4.1% m-o-m (prior +7.1%).
  4. U.S. Nonfarm Payrolls: +49,000 (Forecast: 50,000).
  5. Reserve Bank of Australia (RBA) Statement on Monetary Policy (SoMP) repeats that the Bank does not expect to hit its inflation and jobs goals until 2024 at the earliest.
  6. Japan Household spending for December: -0.6% y-o-y (expected -1.8%).
  7. Australia - AiG Services Purchasing Managers' Index (PMI) for January: 54.3 (prior 52.9).
  8. GameStop closed under $55, its lowest for two weeks.

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