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. A hopeful (but small) sign relations between China and Australia may warm
  2. PBOC sets USD/ CNY mid-point today at 6.4566 (vs. estimate at 6.4570)
  3. Australian state NSW records a record high new case count. Plans to ease restrictions for the fully vaccinated.
  4. ANZ says GBP is undervalued and supported. BoE rate hike is still a year away.
  5. Another ship became stuck in the Suez Canal. Happened Thursday, unstuck quickly though.
  6. China's President Xi Jinping war on the "disorderly expansion of capital"
  7. U.S. Energy Department has loaned Exxon another 1.5m barrels of oil
  8. TD see further range trading ahead for EUR/USD
  9. ICYMI - ECB leaves key rates unchanged but tapers QE
  10. Australia mulls breaking agreement with China over the port lease - wary of risks

Share your thoughts in the comment section!

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