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. Onshore yuan is at its weakest since September 2021
  2. Bank of Japan meeting next week - expected to upgrade their inflation forecasts
  3. PBOC sets the USD/ CNY reference rate for today at 6.4596 (vs. estimate at 6.4641)
  4. Honda to cut production by about 50% on 2 lines in 1 of its domestic factories, in early May
  5. Nomura says the FOMC is likely to hike by 50bps in May then 75bps in June
  6. EUR - 3 scenarios for the ECB normalisation path
  7. UK consumer sentiment has dropped like a rick - back to a near-record low
  8. ICYMI - OPEC has told the IMF that the oil price rally is mainly due to geopolitics
  9. Australia preliminary PMI April: Manufacturing 57.9 (prior 57.7) Services 56.6 (55.6)
  10. Forexlive Americas FX news wrap: Yields jump, dollar rallies, stocks plunge

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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