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!
- Bitcoin drops under US$42K
- US comments now on USMCA trade deal - further comments on labor
- Australia - Westpac Consumer Confidence Index for May: -4.8% m/m (prior +6.2%)
- US gas distributor Colonial Pipeline further computer problems - not a cyber attack this time
- UK PM Johnson - nothing conclusive to say we need to deviate from plans to end coronavirus restrictions
- US Treasury Secretary Yellen said Biden's infrastructure plan will improve the global competitiveness of US companies
- NZ data, PPI for Q1 2021: PPI input +2.1% q/q (prior 0%) & Output +1.2% q/q (prior 0.4%)
- US House passes a bill to codify insider trading ban
- Moody's expect EU funds will boost growth, cut debt in Southern Europe
- PBOC sets USD/CNY mid-point today at 6.4255 (vs. yesterday at 6.4357)
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