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 last week!

  1. U.S. House passed President Biden's $1.9 trillion stimulus package, which means it now advances to the Senate.
  2. Canada April to December budget deficit: C$248 billion versus C$10.9 billion a year ago.
  3. University of Michigan (U Mich) February final consumer sentiment: 76.8 versus 76.5 expected.
  4. U.S. January advance goods trade balance: -$83.7 billion versus -$83.0 billion expected.
  5. Canada January industrial product prices: +2.0% m-o-m versus +1.9% expected.
  6. U.S. January Personal Consumption Expenditure (PCE) core: +1.5% y-o-y versus +1.4% expected.
  7. Australia Private Sector Credit for January: 0.2% m-o-m (expected 0.3%).
  8. Japan Retail Sales for January: -0.5% m-o-m (versus expected -1.2%).
  9. Japan January preliminary industrial production: +4.2% m-o-m (expected +3.8%).
  10. Japan data - Tokyo inflation data for February, headline: -0.3% y-o-y (versus -0.4% expected).
  11. New Zealand trade balance for January: -626 million NZD (expected -627 million NZD).
  12. New Zealand data - Australia and New Zealand Banking Group (ANZ) consumer confidence for February: -0.6% m-o-m

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