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. Australia coronavirus - lockdown of Sydney won't be over any time soon, cases mounting
  2. China inflation figures for June. CPI 1.1% y/y (expected 1.3%), PPI 8.8% y/y (expected 8.8%)
  3. Bitcoin losing a little ground, technicals look heavy
  4. Reuters Poll - unanimous expectations the Bank of Canada to taper by CAD1bn next week
  5. The days of RBNZ QE bond-buying "are numbered"
  6. The BOJ meet next week - likely to lower GDP forecast
  7. California USA magnitude 6.2 earthquake
  8. ICYMI - The ECB set its inflation target at 2% after their strategy review
  9. NZ data - June Truckometer (heavy traffic) +1.2% m/m (prior -6.2%)
  10. COMEX copper, silver margins lowered

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