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 economy 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!
- Atlanta Federal Reserve (Fed) GDPNow first quarter forecast: 4.6% versus 6.0% prior.
- U.S. House approved budget package. Paves way for Biden's Covid-19 aid plan.
- Australia Retail Sales for December, final: -4.1% m-o-m (prior +7.1%).
- U.S. Nonfarm Payrolls: +49,000 (Forecast: 50,000).
- Reserve Bank of Australia (RBA) Statement on Monetary Policy (SoMP) repeats that the Bank does not expect to hit its inflation and jobs goals until 2024 at the earliest.
- Japan Household spending for December: -0.6% y-o-y (expected -1.8%).
- Australia - AiG Services Purchasing Managers' Index (PMI) for January: 54.3 (prior 52.9).
- GameStop closed under $55, its lowest for two weeks.
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