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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. Powell: We have not been making 'substantial further progress' toward goals in past three months. Economy is a long way from employment and inflation goals
  2. U.S. February Conference Board consumer confidence: 91.3 versus 90.0 expected.
  3. U.S. December Case-Shiller 20-city house price index: +10.1% versus +9.9% expected.
  4. U.S. December Federal Housing Finance Agency (FHFA) house price index: +1.1% m-o-m versus +1.0% expected.
  5. U.K. February Confederation of British Industry's (CBI) retailing reported sales: -45 versus -40 expected.
  6. Eurozone January final core Consumer Price Index (CPI): +1.4% versus +1.4% y-o-y preliminary.
  7. U.K. January jobless claims change: -20,000 versus 7,000 prior.
  8. Australia weekly consumer confidence: 109.2 (prior 109.9).
  9. New Zealand retail sales excluding inflation for fourth quarter 2020: -2.7% q-o-q (expected -0.5%).
  10. Blackrock downgraded its view on credit and government bonds.

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