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. Bank of Canada leaves overnight rate unchanged, as expected.
  2. U.S. February Consumer Price Index (CPI): +1.7% y-o-y versus +1.7% expected.
  3. The beginning of the end of yield curve control as Bank of Japan (BOJ) seeks freer fluctuations - report.
  4. U.S. Mortgage Bankers Association (MBA) mortgage applications for the week ending Mar 5: -1.3% versus +0.5% prior.
  5. China's inflation data for February: CPI -0.2% y-o-y (expected -0.3%) and Producer Price Index (PPI): +1.7% y-o-y (expected +1.5%).
  6. Australia - Westpac Consumer Confidence Index for March: +2.6% m-o-m (prior +1.9%).
  7. U.S. Treasury auctions off $58 billion of three-year notes at a high yield of 0.355%.

Share your thoughts in the comment section!

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