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. China cuts Loan Prime Rates: 1 year to 3.7% (from 3.8%) & 5 year to 4.6% (from 4.65%)
  2. PBOC sets USD/ CNY central rate at 6.3485 (vs. estimate at 6.3482)
  3. Australia (December) Employment Change: +64.8K (vs. expected 30.0K)
  4. NZ PM says restrictions will be tightened if there is community transmission of Omicron
  5. Google’s digital cards might soon enable users to hold bitcoin and spend fiat
  6. UK RICS house price balance for December +69 (prior 71)
  7. Australia Consumer Inflation Expectations (January) 4.4% (prior 4.8%)
  8. Japan trade balance (December) Y -582.4bn
  9. Westpac forecast an RBA rate hike in August 2022
  10. China Security Journal says PBOC likely to cut Loan Prime Rate today

Share your thoughts in the comment section!

Source: Today Financial Real-time News_Economic News Real-time News_FOLLOWME Social Trading Network

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