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!
- Iron ore is on the rocks again in China today. UBS lowers its price projections.
- Fitch has downgraded China-based homebuilder Fantasia
- North Korea expanding facility used to produce weapons-grade uranium
- PBOC sets USD/ CNY mid-point today at 6.4527 (vs. estimate at 6.4501)
- Australian state NSW moves towards welcoming back international travel
- Singapore August NODX +2.7% y/y (vs. expectations of +8.3%)
- Analyst expectations are converging on a November Fed taper announcement
- Biden, Pelosi and Schumer all agree Trump tax cuts must be repealed
- Worries that Canada's federal election on Monday could result in a deadlock
- Here's the gaffe from ECB's Lane that triggered the rate hike story
Share your thoughts in the comment section!
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