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. 'Risk' FX, US equity indexes falling
  2. Daiwa comments on the easiest reflation trade right now
  3. South Korea first 10 days of April exports +64.7% per working day
  4. US Republican negotiators indicate they are willing to support higher infrastructure spending
  5. UK spending data also rising, April data surging
  6. New Zealand data - Card Spending for April. Total +4% m/m (prior +2%) & Retail +4% m/m (prior +0.9%)
  7. Goldman Sachs is worried about the prospects for 'mega-cap tech' stocks - 3 big risks
  8. New Zealand ANZ Truckometer for April: Heavy Traffic index -1.2% m/m (vs. prior +2.8%)
  9. ECB's Schnabel says German inflation could be above 3% this year, but the ECB is unconcerned
  10. ICYMI - Fed's Kaplan said (again) it good to start talking taper sooner rather than later

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