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!
- PBOC sets USD/ CNY mid-point today at 6.3856 (vs. yesterday at 6.3972)
- Japan data - Large Manufacturer conditions -1.4% q/q (prior +1.6%)
- UK Times says UK Prime Minister Johnson is considering a 4-week delay to re-opening
- New Zealand manufacturing PMI for May: 58.6 (prior 58.4)
- US initial jobless claims 376K versus 370K estimate
- US May CPI +5.0% y/y vs +4.7% expected
- The JPY is the strongest and the GBP is the weakest as NA traders enter for the day
- ECB boosts 2021 and 2022 inflation forecasts
- US official: Treasury action is routine and has nothing to do with nuclear deal talks
- U.S. Treasury to auction off $24 billion and 30-year bonds at the top of the hour
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