US personal income rose 0.3% mom or USD 71.6B in August, matched expectations. Personal spending rose 0.4% mom or USD 67.6B, above expectation of 0.2% mom. PCE price index rose 0.3% mom, matched expectations. PCE core price index, ex-food and energy, rose 0.6% mom, above expectation of 0.5% mom. Prices for goods dropped -0.3% mom […]
The post US PCE price slowed to 6.2% yoy, core PCE rose to 4.9% yoy appeared first on Action Forex.
Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing PMI and Flash Services PMI for both Germany and France fell below the 50.0 threshold, indicating that Europe’s economy is Read more…
The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK retail sales weaker than expected UK Read more…
Market Picture Crypto market capitalisation surpassed $3.3 trillion, up 3.8% in the last 24 hours. Ethereum (+7.4%), Solana (+7.5%), XRP (+24%), and Cardano (+9.6%) provided traction. The price of Bitcoin broke through $99K on Friday Read more…