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. PBOC sets USD/ CNY central rate at 6.3569 (vs. estimate at 6.3543)
2. Australia business confidence data for January +3 (vs. -12 prior)
3. UK data: BRC January like for like sales +8.1% y/y (prior +0.6%)
4. SoftBank’s proposed US$66bn sales of chip group Arm to Nvidia has collapsed
5. ex-RBA Edwards says there could be 4 Reserve Bank of Australia rate hikes this year
6. Japan data for December: Real wages -2.2% y/y and Household spending -0.2% y/y
7. Morgan Stanley bullish euro - says a hawkish ECB is likely at the March meeting
8. The US has approved a possible $100 mn Taiwan Patriot missile defence system program
9. Bank of America is forecasting 7 Federal Reserve rate hikes this year
10. Australia weekly consumer confidence 99.9 (prior 101.8)

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Source: Today Financial Real-time News_Economic News Real-time News_FOLLOWME Social Trading Network