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 should recall, ICYMI last week!
1. Baker Hughes weekly U.S. rig count 312 versus 300 prior.
2. University of Michigan consumer sentiment 77.0 versus 82.0 estimate.
3. U.S. October Producer Price Index (PPI) +0.3% m-o-m versus +0.2% expected.
4. Eurozone’s September trade balance €24.0 billion versus €22.5 billion expected.
5. Eurozone’s third quarter secondary Gross Domestic Product (GDP) reading +12.6% versus +12.7% q-o-q preliminary.
6. New Zealand data – manufacturing Purchasing Managers’ Index (PMI) for October: 51.7 (prior 54.0).
7. U.S. federal budget deficit for October $-284 billion versus expected $-274.5 billion.
8. The U.S. Department of Energy (DOE) crude oil inventories +4277K versus -1900K estimate.
Share your thoughts in the comment section!
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