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 mid-point today at 6.3856 (vs. yesterday at 6.3972)
  2. Japan data - Large Manufacturer conditions -1.4% q/q (prior +1.6%)
  3. UK Times says UK Prime Minister Johnson is considering a 4-week delay to re-opening
  4. New Zealand manufacturing PMI for May: 58.6 (prior 58.4)
  5. US initial jobless claims 376K versus 370K estimate
  6. US May CPI +5.0% y/y vs +4.7% expected
  7. The JPY is the strongest and the GBP is the weakest as NA traders enter for the day
  8. ECB boosts 2021 and 2022 inflation forecasts
  9. US official: Treasury action is routine and has nothing to do with nuclear deal talks
  10. U.S. Treasury to auction off $24 billion and 30-year bonds at the top of the hour

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