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. China March PMIs. Manufacturing 49.5 (expected 49.9) & Services 48.4 (expected 53.2)
  2. PBOC sets the USD/ CNY reference rate for today at 6.3482 (vs. estimate at 6.3467)
  3. International Energy Agency calls an emergency ministerial meeting to discuss the oil supply
  4. ICYMI - US President Biden is said to be preparing a massive release of oil stockpiles
  5. Australia February Private Sector Credit +0.6% m/m (expected 0.7%)
  6. Biden admin is considering a 'massive' oil release to fight inflation
  7. JP Morgan shifted from expecting 25bp hikes in May and June to 50bps in each
  8. US President Biden will speak on Thursday, on how he'll be reducing gasoline prices
  9. Japan data - February preliminary Industrial production +0.1% m/m, missing estimates
  10. South Korea's Finance Minister says considering intervention

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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