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, 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!

  1. BOJ Deputy Governor Wakatabe: Bank of Japan must maintain powerful monetary easing
  2. Australia Q1 GDP 0.8% q/q (expected 0.7%)
  3. PBOC sets the USD/ CNY reference rate for today at 6.6651 (vs. estimate at 6.6607)
  4. RBNZ Hawkesby says need to keep inflation expectations anchored
  5. Morgan Stanley reiterated it's a bear market rally, with maximum upside near 4250-4300 in S&P 500
  6. Russian foreign minister Lavrov met their Saudi counterpart, and both praised OPeC+ cooperation
  7. Japan Q1 Capex +0.3% q/q and +3.0% y/y (+2.1% expected, +4.3% prior)
  8. US Treasury Secretary Yellen says Biden's chief concern is inflation
  9. Bank of Canada 50bp interest rate hike coming Wednesday, 1 June 2022 - preview
  10. Here are whats on the economic calendar in Asia for Wednesday, 1 June 2022

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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