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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. No rest for Bitcoin on the weekend as it roars to $57,000.
  2. U.S. January existing home sales: 6.69 million versus 6.60 million expected.
  3. Markit February preliminary U.S. services Purchasing Managers' Index (PMI): 58.9 versus 58.0 expected.
  4. Canada December retail sales: -3.4% versus -2.6% expected.
  5. U.K. February preliminary services PMI: 49.7 versus 42.0 expected.
  6. Eurozone February preliminary services PMI: 44.7 versus 45.9 expected.
  7. U.K. January retail sales: -8.2% versus -3.0% m-o-m expected.
  8. Japan's 10-year yield has hit its highest since Nov 2018.
  9. Australia preliminary retail sales for January: +0.6% m-o-m (expected +2.0%).
  10. Japan Jibun preliminary PMI (February): Manufacturing 50.6 (prior 49.8) and Services 45.8 (prior 46.1).
  11. U.K. GfK Consumer Confidence for February: -23 (expected -28).
  12. Japan inflation data for January: Headline Consumer Price Index (CPI): -0.6% y-o-y (expected -0.7%).

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