Personal income edged lower by 0.1% month-over-month (m/m) in April, coming in below market expectations for a 0.4% gain. After adjusting for inflation, taxes and transfers, real personal disposable income declined by 0.5% m/m. Consumer spending rose 0.5% m/m in nominal terms – in line with market expectations. Consumers continued to spend more on gas […]
The post US: Consumer Spending Remains Soft in April Amid High Gas Prices appeared first on ActionForex.
BTCUSD fell to the lowest in six weeks on Thursday, with daily loss of over 3% seen on acceleration of the bear-leg that extends into third consecutive day. Fresh rise in oil prices on renewed Read more…
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