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. PBOC sets USD/CNY reference rate for today at 6.4895
  2. NZ May, preliminary business confidence +7.0 (prior -2.0) and activity outlook +32.3 (prior +22.2)
  3. Australian state of NSW reports another case of COVID-19 - some restrictions reintroduced
  4. BoA looks for a higher AUD on still-rising commodity prices
  5. AUD traders head up: Coronavirus-related press conference coming soon
  6. New Zealand building approvals for March: +17.9% m/m (vs. prior -18.2%)
  7. EUR/USD rebound is transitory, will resume falling
  8. Fed's Rosengren says it is too early to talk about tapering QE
  9. National Australia Bank says the rebound in the Australian and New Zealand economies is better than expected
  10. Early study shows booster shot of Moderna vaccine effective against COVID-19 mutants

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