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!
- Australian Building Approvals for March 2022 -18.5% m/m (vs. expected -12.5%)
- PBOC sets the USD/ CNY reference rate for today at 6.5672 (vs. estimate at 6.5695)
- China services PMI for April data coming soon - further slump expected.
- HK's 'central bank' has (as always) followed the Fed and hiked by 50bps
- ICYMI - The PBOC has pledged further monetary policy support
- Brazil's central bank hikes its benchmark Selic rate by 100bps to 12.75%, as expected
- Central bank meddling will continue until morale improves - Bank of England coming up
- Forexlive Americas FX news wrap: Dollar lower as Powell takes 75 BP hikes off the table
- Goldman Sachs revises its FOMC July forecast to +50bps from +25
- Nasdaq ticks above 100 hour MA. Move above and staying above would give the buyers confidence
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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