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, etc.
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!
- China financial media says the Chinese property market has yet to bottom out
- IMF says the weak yen helps the BOJ inflation target
- British Chambers of Commerce says 10% inflation will be hit in Q4 2022
- PBOC sets the USD/ CNY reference rate for today at 6.6811 (vs. estimate at 6.6764)
- Goldman Sachs is still positive on the yen - see 2 scenarios for it to rise
- Higher & faster interest rate rises are coming from the Reserve Bank of Australia
- Preview of the ECB monetary policy meeting - statement then Lagarde speaking 09 June 2022
- US & Japan to hold economic 2+2 talks (if you are asking what this is, here you go)
- UK data - RICS house price balance for May is 73 (vs. prior 80)
- ICYMI - UAE Energy Min says just wait until China's oil demand is back! (I'm paraphrasing)
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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