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 economic 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. Citi's bear market checklist - “not hard to find signs of excess in global equity markets right now"
  2. Westpac forecast the RBA will extend its QE and shift YCC to the November 24 bond
  3. Fitch Ratings warn of risks for Australian credit markets - stimulus withdrawal
  4. Morgan Stanley neutral on EUR, see risks skewed to the upside in the near term
  5. Japan Retail sales for March: +1.2% m/m (expected 0.6%)
  6. Federal Reserve FOMC meeting today, Wednesday 28 April 2021 - Goldman Sachs says no hint of tapering
  7. ADB forecasts an 8% China GDP this year (the previous forecast was 7.7%)
  8. USD/CAD seen a sell on rallies, "rather than chasing it lower”
  9. Japan is assessing Moderna vaccine for use at mass vaccination sites
  10. UK holidaymakers allowed back into Spain from June

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