Tag: PCE
Forexlive Americas FX news wrap: Inflation moderates but US consumer struggles in PCE data
Markets:
Gold down $11 to $1805
US 10-year yields down 7.3 bps to 3.02%
WTI crude oil down $3.84 to $105.94
S&P 500 down 41 points [...]
May Core PCE at 4.7%, S&P 500 Bruised Despite Better-than-Expected Inflation Data
US PCE REPORT KEY DETAILS:May U.S. consumer spending advances 0.2% versus 0.4% expectedCore PCE, the Fed’s favorite inflation gauge, rises 0.3% month [...]
Gold Prices Unlikely to Find Support from US PCE Data
Gold, XAU/USD, Powell, Breakeven Rates, PCE, Inflation - Talking PointsGold prices weighed down as Powell recommits on inflation fight US PCE inflati [...]
USD/JPY Rate to Track Treasury Yields Ahead of US PCE Report
Japanese Yen Talking PointsUSD/JPY appears to be tracking the recent advance in US Treasury yields as it retraces the decline from the yearly high (1 [...]
FX Week Ahead – Top 5 Events: BOE, ECB, & Fed Speeches; Chinese Manufacturing PMI; US PCE Index
FX Week Ahead Overview:The final week of June will have central banks, inflation data, and supply chains in focus.Remarks by BOE G [...]
Nasdaq 100, US Dollar, BTC/USD, Crude Oil, PCE Data, Growth Woes
Global market sentiment improved this past week. On Wall Street, futures tracking the Nasdaq 100, Dow Jones and S&P 500 gained 7.25%, 5.25% and 6 [...]
rupee: Rupee rises by 4 paise to close at 77.54 against US dollar on stocks rally
The rupee rose further by 4 paise to close at 77.54 against the US dollar on Monday, supported by positive domestic equities and a weak American curre [...]
Dallas Fed trimmed mean PCE 3.0%
The Dallas Fed trimmed mean PCE came in at 3.0% unchanged from the previous month (one month annualized).The trimmed mean PCE is an alternative measur [...]
Nasdaq 100 Rips as Investor Sentiment Brightens, Core PCE Eyed for Market Direction
US STOCKS OUTLOOK:S&P 500 jumps almost 2%, Nasdaq 100 leads gains on Wall Street, soaring 2.8% U.S. April PCE data will be the center of attentio [...]
Nasdaq 100, S&P 500 Gain as FOMC Minutes Bring No New Hawkish Surprises, US PCE Eyed
US STOCKS OUTLOOK:S&P 500, Nasdaq 10 rebound after the Fed minutes fail to deliver new hawkish surprisesWhile the market rebound is welcome, sent [...]
Japanese Yen Breakout Looks Premature as USD/JPY Eyes FOMC Minutes, PCE Data Next
Japanese Yen, USD/JPY, FOMC Minutes, PCE Data, Technical Analysis – Analyst PickJapanese Yen has been gaining against US Dollar, will this continue?U [...]
Newsquawk Week Ahead: Highlights include FOMC minutes, PCE, Flash PMIs, RBNZ
SAT: Australia Federal Election.SUN: Davos World Economic Forum (22nd-26th May).MON: German Ifo Survey (May); New Zealand Retail Sales (Q1); ISM Semi- [...]
Dallas Fed trimmed mean PCE 3.1% vs 4.0% prior
Prior was +4.0% m/m annualized12 month PCE +3.7% vs +3.6%Some large one-month drags on price that were trimmed:Used autos and light trucksTelevisionsC [...]
Forexlive Americas FX news wrap: PCE inflation misses estimates; Biden releases barrels
Markets:
Gold up $2.50 to $1935
WTI crude down $7.01 to $100.85
US 10-year yields down 3 bps to 2.327%
S&P 500 down
CHF leads [...]
US Dollar on the Front Foot as US PCE Data Comes in Mixed
US PCE Index, US Dollar, Russia, Oil, Euro, GBP – Talking PointsCore PCE YoY comes in at 5.4% vs. 5.5% forecastUS Jobless Claims come in at 202k, abo [...]