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. Morgan Stanley recommends short EUR/CAD positions targeting 1.35
  2. China October CPI 1.5% y/y and PPI 13.5% y/y - both higher
  3. PBOC sets USD/ CNY mid-point today at 6.3948 (vs. estimate at 6.3952)
  4. More on Fed’s Bullard expecting two rate hikes in 2022
  5. China - Goldman Sachs have 2 reasons to be wary of "considerable uncertainty"
  6. New Zealand preliminary business survey slides lower
  7. China's President Xi and US President Biden will meet next week. Virtual summit.
  8. Australia - Westpac Consumer Confidence Index for November +0.6% m/m (prior -1.5%)
  9. Reuters Tankan - Japanese manufacturers' sentiment hit a 7-month low in November
  10. ICYMI - Fed's Bullard says a balance sheet shrinkage is an option he is open to

Share your thoughts in the comment section!

Source: Today Financial Real-time News_Economic News Real-time News_FOLLOWME Social Trading Network

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