Lemon_tm May PCE Price Index: +0.0% M/M vs. +0.0% consensus and +0.3% in April. +2.6% Y/Y vs. +2.6% expected and +2.7% prior. Core PCE Price Index, which excludes volatile food and energy costs, edged up 0.1% vs. +0.1% expected and +0.3% prior (revised from +0.2%). Federal Reserve policymakers prefer toContinue Reading
Stock index futures traded in the green on Friday, a day after the first U.S. presidential debate of the year took place, and as investors keenly wait for key inflation data expected to land later in the day. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4% and DowContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.40% UK’s GDP expanded 0.70% in Q1 2024 Germany (DAX:IND) +0.26% Germany’s unemployment rate rises to 6% in June France (CAC:IND) -0.53% France inflation drops to 2.1% in June; Household consumption in France rose by 1.5% month-over-month in May 2024. Spain’s annual consumer priceContinue Reading
Nikada Asia-Pacific equity markets advanced on Friday as investors assessed stronger-than-expected industrial production data in Japan for May while awaiting a key US inflation reading due later today. The Japanese yen weakened to around 161 per dollar as the Ministry of Finance appointed Atsushi Mimura as Japan’s top currency diplomat,Continue Reading
Ramberg/E+ via Getty Images Inflation rate in France decreased to 2.10% in June from 2.30% in May 2024. This slight drop in inflation could be explained by the slowdown over one year in food and energy prices. The prices of services, manufactured products and tobacco should evolve over a yearContinue Reading
Torsten Asmus/iStock via Getty Images Tokyo’s core inflation rate, a leading indicator for nationwide price trends, came in hotter-than-expected in June. Tokyo’s core inflation rate rose 2.1% in June, above the consensus forecast and the Bank of Japan’s 2% target, reinforcing the case for the central bank to proceed withContinue Reading
Investing.com– Bitcoin price moved little on Friday, nursing steep losses over the past month as anticipation of a major distribution by defunct exchange Mt Gox kept traders on edge over further price weakness. Sentiment towards broader crypto markets was also on edge before a key U.S. inflation reading due onContinue Reading
baona Incumbent U.S. President Joe Biden and former leader Donald Trump sparred over the key topic of inflation at the first televised debate late on Thursday. Trump, who served as the 45th President from 2017 to 2021, said that he had left Biden with an “unbelievable situation” in terms ofContinue Reading
Darren415 When the U.S. Department of Commerce releases its personal income and outlays report for May on Friday, most eyes will be trained on the inflation data it contains. Specifically, the core personal consumption expenditures index will provide further evidence on whether the lack of progress in lowering inflation earlierContinue Reading
Kagenmi Australia’s Monthly CPI Indicator increased by 4% in May, accelerating from 3.6% in April and exceeding market expectations of 3.8%. The latest figure was also the highest since November last year. The inflation remained outside the RBA’s target range of 2-3%. The monthly CPI indicator excluding volatile items andContinue Reading
