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 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 yesterday!

  1. U.S. October existing home sales 6.85 million versus 6.47 million expected.
  2. Barnier suspends Brexit negotiations because of a Covid-positive test.
  3. Initial jobless claims for the current week 742,000 versus 700,000 estimate.
  4. November Philadelphia Federal Reserve's Manufacturing Business Outlook Survey 26.3 versus 23.0 expected.
  5. U.K. November Confederation of British Industry (CBI) trends total orders -40 versus -40 expected.
  6. Eurozone September construction output -2.9% versus +2.6% m-o-m prior.
  7. Eurozone September current account balance €25.2 billion versus €19.9 billion prior.
  8. Australia Employment Change: +178,800 (versus expected -27,500) and Unemployment Rate: 7.0% (versus expected 7.1%).
  9. U.K. and Canada preparing to sign off on a new trade agreement.
  10. U.S. treasury auctions off $27 billion of 20 year bonds at high yield of 1.422%.

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