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, etc.

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. JP Morgan is looking for even further falls for the S&P500
2. PBOC sets the USD/ CNY reference rate for today at 6.7487 (vs. estimate at 6.7502)
3. Japan chief cabinet secretary Matsuno says monetary policy should be decided by the BOJ
4. Barclays on the Swiss National Bank CHF FX intervention questions
5. Stephen Roach says US stagflation is his base case
6. New Zealand trade balance for April NZD+584 mn (vs. prior NZD -392mn)
7. ICYMI - ECB April meeting minutes show a likely (near-certain) July interest rate hike
8. Hopes are up (again) for rates down today from the People's Bank of China
9. Forexlive Americas FX news wrap: USD sells off as traders tilt toward slower growth
10. Fed's Kashkari says doesn't know how high rates need to go

Share your thoughts in the comment section!

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