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!
- Powell: We have not been making 'substantial further progress' toward goals in past three months. Economy is a long way from employment and inflation goals
- U.S. February Conference Board consumer confidence: 91.3 versus 90.0 expected.
- U.S. December Case-Shiller 20-city house price index: +10.1% versus +9.9% expected.
- U.S. December Federal Housing Finance Agency (FHFA) house price index: +1.1% m-o-m versus +1.0% expected.
- U.K. February Confederation of British Industry's (CBI) retailing reported sales: -45 versus -40 expected.
- Eurozone January final core Consumer Price Index (CPI): +1.4% versus +1.4% y-o-y preliminary.
- U.K. January jobless claims change: -20,000 versus 7,000 prior.
- Australia weekly consumer confidence: 109.2 (prior 109.9).
- New Zealand retail sales excluding inflation for fourth quarter 2020: -2.7% q-o-q (expected -0.5%).
- Blackrock downgraded its view on credit and government bonds.
Share your thoughts in the comment section!
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