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 economic 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. NAB forecasts the RBA will not roll its YCC forward to November 2024
  2. Japan Household spending for April: 13.0% y/y (expected +9.3% y/y, prior +6.2%)
  3. US May Challenger layoffs 24.59k vs 22.91k prior
  4. Oil trades at $69 with eyes on the strange coincidences in Iran
  5. US Markit services PMI for May (F) 70.4 versus 70.1 (P)
  6. US Q1 non-farm productivity +5.4% vs +5.5% expected
  7. EURUSD breaks out of the "red box" and moves to the next swing area/50%
  8. AMC sold 11.55 million shares at an average price of $50.85
  9. US Markit services PMI for May (F) 70.4 versus 70.1 (P)
  10. Bitcoin drops under $38K

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