READ N' GO-Daily News Recap

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READ N' GO-Daily News Recap

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!

  1. PBOC sets USD/ CNY mid-point today at 6.3566 (vs. estimate at 6.3478)
  2. USD/JPY continues its fall, down nearly a big figure from its early Asia high
  3. BOJ says its buying more JGBs because upward pressure on yields threatened the upper limit
  4. Japan data - Retail sales for February -0.8% y/y (expected -0.3% y/y, prior 1.1%)
  5. New Zealand ANZ business survey for March: Business Confidence -41.9 (prior -51.8)
  6. UK data - BRC Shop Price Index for March +2.1% y/y (vs. prior 1.8%)
  7. Goldman Sachs update their G10 FX forecasts - EUR/USD to 1.20
  8. Forexlive Americas FX news wrap: US 2/10 year spread moves closer to parity
  9. Oil is trading higher
  10. Rally for equities, credit on Ukraine-Russia cease-fire talks will not be sustained

Share your thoughts in the comment section!

Source: Today Financial Real-time News_Economic News Real-time News_FOLLOWME Social Trading Network

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