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 6.3972 (vs. yesterday at 6.3956)
  2. Australia survey of consumer inflation expectations, for June: 4.4% (prior 3.5%)
  3. Japan PPI for May +0.7% m/m (expected 0.5%)
  4. UK data - RICS monthly house price balance for May +83 (expected +77)
  5. GBPJPY trades up and down with 200 hour MA above and swing area below
  6. Crude oil futures settle at $69.96
  7. EUR: Another false dawn near 1.22; fade for 1.18 - TD
  8. Fed reverse repo facility use hits at record at $502.9 billion
  9. U.S. Treasury auctioned off $38 billion of 10 year notes at a high yield of 1.497%
  10. The CHF is the strongest and NZD is the weakest as European traders look to exit.

Share your thoughts in the comment section!


Edited 10 Jun 2021, 15:50

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