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!
- Australia data - Q1 current account balance AUD 7.5bn (expected 13.4bn, prior 12.7bn)
- China May PMIs Manufacturing 49.6 (expected 48.0)
- Official PMI data for May is due from China t the bottom of the hour - expected to be ugly
- PBOC sets USD/ CNY central rate at 6.6607 (vs. estimate at 6.6621)
- NZ data, May: Business confidence -55.6 (prior -42.0) & Activity -4.7 (prior 8.0)
- USD surging higher, taking back some lost ground
- Japan retail sales April +0.8% m/m (prior +1.7%) & +2.9% y/y (expected +2.6%, prior +0.7%)
- US President Biden writing in the Wall Street Journal - "My Plan for Fighting Inflation"
- UK business confidence improved a little further in May, to 38 from 33 in April
- ICYMI - Fed's Waller said Fed's credibility is its tool for fighting inflation. Uh-oh.
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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