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!
- U.S. weekly oil inventories -754,000 versus +225,000 expected.
- U.S. October new home sales 999,000 versus 975,000 expected.
- U.S. October personal spending +0.5% versus +0.4% expected.
- U.S. October advance goods trade balance -$80.3 billion versus -$80.4 billion expected.
- U.S. initial jobless claims 778,000 versus 730,000 estimate.
- U.S. third quarter Gross Domestic Product (GDP): second look: +33.1% versus +33.1% expected.
- U.K.'s Sunak: The Office for Budget Responsibility (OBR) forecasts shows GDP contraction of 11.3% this year.
- U.S. Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the week ending Nov 20: +3.9% versus -0.3% prior.
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