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!
- Goldman Sachs has said again they are bullish on the oil price, but wary of OPEC+
- PBOC sets USD/ CNY mid-point today at 6.4601 (vs. yesterday at 6.4567)
- NZ data - Business Confidence (prior 1.8) & Activity Outlook (prior 27.1)
- Japan Industrial Production for May (preliminary) -5.9% m/m (expected -2.4%)
- South Korea industrial output falls m/m in May (strongly up y/y due to 2020 basket case year)
- UK BRC Shop Price Index for June -0.7% y/y (vs. prior -0.6%)
- Fed's Waller says US jobs market has not quite come back to pre-COVID
- "NZD weakness continues to look fundamentally unjustified"
- Forexlive Americas FX news wrap: JPY and USD continue the run higher
- AUD/USD stalls out at the 50% retracement and sinks
Share your thoughts in the comment section!
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