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. November factory orders: +1.0% versus +0.7% expected.
  2. Markit final December U.S. services index: 54.8 versus 55.2 expected.
  3. U.S. December ADP employment: -123,000 vs +88,000 expected.
  4. U.S. Mortgage Bankers Association (MBA) mortgage applications for the week ending Jan 1: +1.7% versus -5.8% prior.
  5. Eurozone November Producer Price Index (PPI): +0.4% versus +0.2% m-o-m expected.
  6. U.K. December final services Purchasing Managers' Index (PMI): 49.4 versus 49.9 preliminary.
  7. Eurozone December final services PMI: 46.4 versus 47.3 preliminary.
  8. Japan December Consumer Confidence Index: 31.8 versus 32.5 expected.
  9. China Caixin/Markit December PMIs: Services 56.3 (expected 57.9) and Composite 55.8 (prior 57.5).
  10. Japan Jibun Bank/Markit December PMIs: Services 47.7 and Composite 48.5.
  11. Australia Markit December PMIs: Services 57.0 and Composite 56.6.
  12. Saudi Arabia says voluntary cut to amount to one million barrels per day in February to March.

Share your thoughts in the comment section!

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