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. Iron ore is on the rocks again in China today. UBS lowers its price projections.
  2. Fitch has downgraded China-based homebuilder Fantasia
  3. North Korea expanding facility used to produce weapons-grade uranium
  4. PBOC sets USD/ CNY mid-point today at 6.4527 (vs. estimate at 6.4501)
  5. Australian state NSW moves towards welcoming back international travel
  6. Singapore August NODX +2.7% y/y (vs. expectations of +8.3%)
  7. Analyst expectations are converging on a November Fed taper announcement
  8. Biden, Pelosi and Schumer all agree Trump tax cuts must be repealed
  9. Worries that Canada's federal election on Monday could result in a deadlock
  10. Here's the gaffe from ECB's Lane that triggered the rate hike story

Share your thoughts in the comment section!

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