US personal income rose USD 50.5B or 0.2% mom in August, below expectation of 0.4% mom. Personal spending rose USD 47.2B or 0.2% mom, below expectation of 0.3% mom. PCE price index rose 0.1% mom, matched expectations while core PCE (excluding food and energy)price index rose 0.1% mom,m below expectation of 0.2% mom. Good prices […]
The post US PCE inflation falls to 2.2% in Aug, core PCE ticks up to 2.7% appeared first on Action Forex.
It has not been a particularly good year for airlines that declare bankruptcy. Air Malta, Armenia’s FlyArna, Britain’s Flybe, Canada’s Lynx Air and Jetlines — and Antigua and Barbuda’s LIAT — are just some of Read more…
Investors see decent chance of another 50bps cut in November Fed speakers, ISM PMIs and NFP to shape rate cut bets Eurozone CPI data awaited amid bets for more ECB cuts China PMIs and BoJ Read more…
The big news this week was the barrage of new stimulus measures from China. At an economic briefing on Tuesday, People’s Bank of China and financial regulators announced a wide range of measures to shore up Read more…