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 International Monetary Fund (IMF) says U.S. $1.9 trillion stimulus should boost gross domestic product (GDP) by 5-6% over three years.
  2. The European Central Bank (ECB) forecasts 2021 GDP: +4.0% versus +3.9% in December.
  3. ECB 2021 inflation forecast: +1.5% versus +1.0% in December.
  4. U.S. initial jobless claims: 712,000 versus 725,000 estimate.
  5. JPMorgan launching a bitcoin (and other cryptocurrencies) structured note tied to a basket of related stocks.
  6. Australia survey of consumer inflation expectations for March: 4.1% (prior 3.7%).
  7. Japan Producer Price Index (PPI) for February: 0.4% m-o-m (versus expected 0.5%)
  8. U.S. February monthly budget deficit: $310.9 versus $305.0 billion expected.

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