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. All China new home prices +0.2% m/m (prior +0.3%)
  2. The PBOC has issued a 1-year MLF at 2.95% (same rate as the previous)
  3. Australian consumer sentiment firming despite virus outbreak - restrictions to ease soon will drive it higher
  4. US President Biden to give a briefing on national security initiative, scheduled for Wednesday US afternoon
  5. Morgan Stanley on the Bank of England - one of the more hawkish of central banks - GBP implications
  6. South Korea August unemployment rate 2.8%, a record low
  7. Australia - Westpac Consumer Confidence Index for September +2.0% m/m (prior -4.4%)
  8. Japan Core Machinery Orders for July +0.9 % m/m (expected 3.1%)
  9. Head of the US SEC wants faster delisting for Chinese firms not compliant with disclosure rules
  10. New Zealand data - Q2 current account deficit widens to -3.3% of GDP

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