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, 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!

  1. China financial media says the Chinese property market has yet to bottom out
  2. IMF says the weak yen helps the BOJ inflation target
  3. British Chambers of Commerce says 10% inflation will be hit in Q4 2022
  4. PBOC sets the USD/ CNY reference rate for today at 6.6811 (vs. estimate at 6.6764)
  5. Goldman Sachs is still positive on the yen - see 2 scenarios for it to rise
  6. Higher & faster interest rate rises are coming from the Reserve Bank of Australia
  7. Preview of the ECB monetary policy meeting - statement then Lagarde speaking 09 June 2022
  8. US & Japan to hold economic 2+2 talks (if you are asking what this is, here you go)
  9. UK data - RICS house price balance for May is 73 (vs. prior 80)
  10. ICYMI - UAE Energy Min says just wait until China's oil demand is back! (I'm paraphrasing)

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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