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. Australian Building Approvals for March 2022 -18.5% m/m (vs. expected -12.5%)
  2. PBOC sets the USD/ CNY reference rate for today at 6.5672 (vs. estimate at 6.5695)
  3. China services PMI for April data coming soon - further slump expected.
  4. HK's 'central bank' has (as always) followed the Fed and hiked by 50bps
  5. ICYMI - The PBOC has pledged further monetary policy support
  6. Brazil's central bank hikes its benchmark Selic rate by 100bps to 12.75%, as expected
  7. Central bank meddling will continue until morale improves - Bank of England coming up
  8. Forexlive Americas FX news wrap: Dollar lower as Powell takes 75 BP hikes off the table
  9. Goldman Sachs revises its FOMC July forecast to +50bps from +25
  10. 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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