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, etc.
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!
- USD is on the rise again in Asia. AUD, NZD, GBP, CAD, and EUR are all lower
- PBOC sets USD/ CNY central rate at 6.6566 (vs. estimate at 6.6576)
- Japan's preliminary Manufacturing PMI for May was 53.2 (prior 53.5) & Services 51.7 (prior 50.7)
- More from Fed's George says wants to see a convincing fall in inflation
- US Trade Representative Tai says still working on the next trade actions with China
- JP Morgan downgrades China's economic growth forecast, again. Project large contraction.
- Australian weekly consumer confidence rises to 90.8 (still very pessimistic)
- ICYMI - Biden and Yellen will discuss a review of US tariffs on China
- SNAP shares getting slammed after firm warns on deteriorating economy
- Biden is considering environmental waivers to lower gasoline prices
Share your thoughts in the comment section!
Source: Today Financial Real-time News_Economic News Real-time News_FOLLOWME Social Trading Network
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
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