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READ N' GO-Daily News Recap

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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. The National Association of Home Builders (NAHB) U.S. February housing market index: 84 versus 83 expected.
  2. U.S. December business inventories: +0.6% versus +0.5% expected.
  3. U.S. January industrial production: +0.9% versus +0.4% expected.
  4. Canada January Consumer Price Index (CPI): +1.0% versus +0.9% y-o-y expected.
  5. U.S. Producer Price Index (PPI) final demand for January: 1.3%% versus 0.4% estimate.
  6. U.S. January advance retail sales: +5.3% versus +1.1% expected.
  7. U.S. Mortgage Bankers Association (MBA) mortgage applications for the week ending Feb 12: -5.1% versus -4.1% prior.
  8. U.K. January CPI: +0.7% versus +0.6% y-o-y expected.
  9. Japan trade balance for January: -323.9 billion yen (expected: -625 billion yen).
  10. Japan Core Machinery Orders for December: +5.2% m-o-m (expected -6.1%).
  11. Australia Westpac leading indicator for January: +0.26% m-o-m (prior +0.12%).
  12. Reuters Japan Tankan for February: Manufacturing Index: +3 (prior -1).
  13. U.S. 10-year yield breaches 1.300 level for the first time since Feb 2020.
  14. Bitcoin hits a new record above $52,000.

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