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 economy 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. Gold falls to lowest since June in test of $1,700.
2. Fewer Americans will get $1,400 checks with changes to income thresholds.
3. The Organisation of the Petroleum Exporting Countries and Allies (OPEC+) Joint Ministerial Monitoring Committee (JMMC) meeting ends without policy recommendation.
4. U.S. February Institute of Supply Management (ISM) services Purchasing Managers Index (PMI): 55.3 versus 58.7 expected.
5. U.S. February final Markit services PMI: 59.8 versus 58.7 expected.
6. U.S. February ADP employment: 117,000 versus 200,000 expected.
7. U.S. Mortgage Bankers Association (MBA) mortgage applications for the week ending Feb 26: +0.5% versus -11.4% prior.
8. Eurozone January Producer Price Index (PPI): +1.4% versus +1.5% m-o-m expected.
9. U.K. February final services PMI: 49.5 versus 49.7 preliminary.
10. China February Caixin PMI Services: 51.5 (expected 51.5, prior 52.0) and Composite: 51.7 (prior 52.2).
11. Australia gross domestic product (GDP) for fourth quarter 2020: +3.1% q-o-q (expected +2.5%).
12. Japan - Jibun Bank/Markit Services 46.3 and Composite 48.2 PMI (final) for February .
13. Australia - Markit Services 53.4 and Composite 53.7 PMI for February (final).

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