Daily Stock Picks
1️⃣ Yesterday's main news
10-year US Treasury yield skyrocketed and hit 1.6%
The 7-year US Treasury subscription package hit a record low
- GDP growth rate in the fourth quarter of the United States adjusted to 4.1%.
- Fed officials stated that there is no need to worry about rising US bond yields
- The EU intends to accelerate the approval of the mutant new coronavirus vaccine
Money markets are no longer betting that the Bank of England will cut interest rates by 2021
- European Central Bank will flexibly buy bonds to prevent unnecessary financial tightening
2️⃣ Notable facts and economic data today
- At tonight, the United States will publish January's core PCE price index annual rate, which is expected to score 1.4%, slightly lower than the previous value of 1.5%. Also announced at the same time is the monthly personal spending rate in the United States in January, which is expected to score 2.5% from the previous value of -0.2%.
Tonight, the G20 finance ministers and the central bank governor held a video meeting, and Italian Finance Minister Franco and the Italian central bank governor Vesco held a meeting newspaper.
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