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READ N' GO-Daily News Recap


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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. U.S. December wholesale sales: +1.2% versus +0.2% prior.
  2. U.S. January Consumer Price Index (CPI): +1.4% y-o-y versus +1.5% expected.
  3. U.S. Mortgage Bankers' Association (MBA) mortgage applications for the week ending Feb 5: -4.1% versus +8.1% prior.
  4. Foreign direct investment (FDI) into China rose 4.6% y-o-y in January.
  5. China January CPI -0.3% y-o-y (versus expected 0.0%) and Producer Price Index (PPI) 0.3% y-o-y (versus expected 0.3%).
  6. Japan January PPI: -1.6% y-o-y (expected -1.6%).
  7. Australia Westpac Consumer Confidence Index for February: +1.9% m-o-m (prior -4.5%).

Share your thoughts in the comment section!

Source: https://www.followme.com/tool/...

#ChinaEconomy#

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