The post Eco Data 12/28/23 appeared first on Action Forex.
Germany’s GfK/NIM Consumer Climate improved from a revised -29.4 to -26.6 for September, comfortably beating consensus of -29.2. Improvement was driven by a sharp recovery in income expectations, which surged from -14.5 to +1.7, while Read more…
The euro and pound have pulled back from their recent highs as the US dollar regained ground following a batch of stronger-than-expected economic data. The Personal Consumption Expenditures (PCE) price index accelerated to 3.7% year-on-year, Read more…
Markets Yesterday’s beat by the July PCE (3.7% headline, 3.3% core) was miniscule in size but was nevertheless responsible for the biggest move on a daily basis. Defying expectations for a minor deceleration to 3.6% Read more…