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!
- USD/JPY makes a new high (compared with US trade) - highest since March of 2020
- Morgan Stanley expect the NPF (specifically the unemployment rate) to trigger a stronger US dollar
- Likely range ahead for AUD/USD revised lower, 0.7350-0.7730 (from 0.7415-0.7730)
- RBC says the policy is still supportive for US equities, but its shifting
- Congestion in the global shipping industry is likely to continue well into next year
- Hiccup for UK holiday travel plans - EU regulators not recognizing their Covid-19 vaccines
- New Zealand - ANZ Consumer Confidence Index for June 114.1 (prior 114)
- OPEC+ scheduled meeting July 1, now postponed to Friday.
- A big Friday coming up - NFP and OPEC+ meeting (they need more time!)
- IMF's Georgieva says once a country gets to 50% vaccination rate it leads to significantly improved economic performance
Share your thoughts in the comment section!
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