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. Bitcoin drops under US$42K
2. US comments now on USMCA trade deal - further comments on labor
3. Australia - Westpac Consumer Confidence Index for May: -4.8% m/m (prior +6.2%)
4. US gas distributor Colonial Pipeline further computer problems - not a cyber attack this time
5. UK PM Johnson - nothing conclusive to say we need to deviate from plans to end coronavirus restrictions
6. US Treasury Secretary Yellen said Biden's infrastructure plan will improve the global competitiveness of US companies
7. NZ data, PPI for Q1 2021: PPI input +2.1% q/q (prior 0%) & Output +1.2% q/q (prior 0.4%)
8. US House passes a bill to codify insider trading ban
9. Moody's expect EU funds will boost growth, cut debt in Southern Europe
10. PBOC sets USD/CNY mid-point today at 6.4255 (vs. yesterday at 6.4357)

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