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!
- RBA Gov. Lowe says do not need macroprudential tightening, might be needed next year
- Australian state NSW (Sydney the capital city) records another record high new COVID-19 case count)
- US Senate looks unlikely to be voting on infrastructure Thursday (i.e. tonight)
- TD is expecting a further fall for gold following the NFP report
- AUD barely moving over RBA Governor Lowe's testimony
- Japan data - wages down, household spending too
- US nonfarm payroll (NFP) report for July - what to expect
- Goldman Sachs jam its end of year S&P500 target 400 points higher
- PBOC sets USD/CNY mid-point today at 6.4625 (vs. yesterday at 6.4691)
- EURUSD returns back to to the 50% midpoint support
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