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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 economy 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 shoul

Weekly Notion: Top Five Things to Watch on the Economic Calendar This Week

Photo: Reuters Investing.com -- It’s a big week for U.S. data with the release of the November jobs report on Friday, but market sentiment is more likely to be dictated by news about the timing of vaccine distribution and concerns about more aggressive measures to curb the spread of the virus after

BREAKING: Biden to Nominate Tanden, Rouse, and Others to Economic Team

Photo: Reuters (Reuters) - President-elect Joe Biden plans to nominate Center for American Progress Chief Executive Neera Tanden as director of the Office of Management and Budget and economist Cecilia Rouse as chair of the Council of Economic Advisers, the Wall Street Journal reported on Sunday. Bi

BREAKING: Dollar Plumbs Two-Year Low as Fed Comes In To Focus

Photo: Reuters SYDNEY (Reuters) - The dollar fell to a more than two-year low on Monday and is set to log its largest monthly fall since July, as a combination of vaccine optimism and bets on more monetary easing in the United States drives investors out of the world's reserve currency. Against a ba
(BLOOMBERG) Australia's Treasury Wine Falls 12% after China Imposed Anti-dumping Duties - Nov 30, 2020.#AustraliaChinaTension##Economy##FlashNews#

BREAKING: S&P Global in Advanced Talks to Buy IHS Markit for About $44 billion

Photo: Reuters (Reuters) - S&P Global Inc is in advanced talks to buy London-based Information Handling Services (IHS) Markit Ltd for about $44 billion in a deal that would combine two major data providers, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The d

WEEKLY NOTION: Stocks: DocuSign and Nikol

Stocks on Wall Street ended in positive territory on Friday, with the S&P 500 and Nasdaq closing at new record highs amid ongoing optimism over COVID-19 vaccine progress. Friday’s gains added to the market’s surge this month. The Dow Jones is on pace for its biggest monthly gain since

BREAKING: World Stocks Boast Record-Breaking Month, Led by Europe

Photo: Reuters SYDNEY (Reuters) - World shares were set to seal a record-busting month on Monday as the prospect of a vaccine-driven global economic recovery next year and yet more free money from central banks eclipsed concerns about the pandemic in the near-term. The rush to risk has also benefite

WEEKLY NOTION: Technical Analysis Suggests S&P 500 Rally To Continue As Markets Waver

American equities on the S&P 500 climbed to a fresh record on Friday, amid thin volume during the Thanksgiving holiday weekend. So far, November has been the best month for the SPX since 1950. The benchmark index climbed +0.25% on the final day of trade for the week, to add 11% of value ove

BREAKING: U.S. Supreme Court Weighs Trump's Bid to Bar Illegal Immigrants From Census Totals

Photo: Reuters WASHINGTON (Reuters) - The Supreme Court on Monday is set to take up President Donald Trump's unprecedented and contentious effort to exclude illegal immigrants from the population totals used to allocate U.S. House of Representatives districts to states. The challengers to Trump's Ju

BREAKING: China's Factory Activity Expands at Fastest Pace in Over Three Years

Photo: Reuters BEIJING (Reuters) - China's factory activity expanded at the fastest pace in more than three years in November, keeping it on track to be the first major economy to fully recover from the coronavirus crisis. The official manufacturing Purchasing Manager's Index (PMI) rose to 52.1 in N

BREAKING: OPEC+ Yet to Find Compromise on Oil Policy for 2021

Photo: Reuters LONDON (Reuters) - The Organisation for Petroleum Exporting Countries (OPEC) and allies led by Russia have yet to find a consensus on oil output policy for 2021, after an initial round of talks on Sunday and ahead of crucial meetings on Monday and Tuesday, four OPEC+ sources told Reut

BREAKING: Canada Blocks Bulk Exports of Some Prescription Drugs in Response to Trump's Import Plan

Photo: Reuters OTTAWA (Reuters) - Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump's efforts to allow imports from Canada to lower some drug prices for Americans. "Certain drugs intended for the

WEEKLY NOTION: Energy & Precious Metals

Photo: Reuters Investing.com - It’s a tale of two commodities, and the divergence couldn’t be more startling. Oil is in a bull market, up nearly 30% from a low hit four weeks ago, with crude prices looking like they could reach $50 a barrel soon. Back in April, one couldn’t have even imagined someth

BREAKING: Trump to Add China's SMIC and CNOOC to Defense Blacklist

Photo: Reuters WASHINGTON (Reuters) - The Trump administration is poised to add China's top chipmaker, Semiconductor Manufacturing International Corp (SMIC) and national offshore oil and gas producer, China National Offshore Oil Corporation (CNOOC) to a blacklist of alleged Chinese military companie

Pull-up Update

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