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PCE/Core PCE Numbers Came In Line With Expectations
Zacks via Yahoo Finance· 4 days agoRevenues of $83.03 billion was light the $86.60 billion expected and $86.56 billion in Q1 2023. Lower natural gas prices and upstream production were...
FX Daily: When the second decimal place counts
The Forex Market· 5 days agoThere will be quite a lot of attention on today’s first quarter US core GDP price deflator and what it means for tomorrow’s release of the March core <...
Risk/reward skewed towards lower rates - UBS
Investing.com· 4 days agoUBS highlighted that the core PCE deflator increased by 3.7% on a seasonally adjusted annual rate in the first quarter, exceeding the expected 3.5%. This...
Soft GDP hides surging spending
The Forex Market· 5 days agoReal GDP grew at only a 1.6% annualized pace in Q1, held back by trade and inventories. Consumer spending in the service sector is not slowing, in fact,...
Forex Today: Japanese Yen falls on BoJ inaction, focus shifts to US PCE inflation
The Forex Market· 4 days agoHere is what you need to know on Friday, April 26: The Japanese Yen (JPY) stays under bearish...
U.S. GDP Growth Slows Markedly, And Inflation Remains The Focus
Seeking Alpha· 4 days agoUS GDP growth slowed to 1.6% annualised in Q1 2024, less than half the 3.4% rate recorded in 4Q23,...
The JPY strengthening move against the Dollar does have knock-on effects in other pairs too
The Forex Market· 1 day agoThe Japanese yen slid dramatically on Friday as the Asian island was heading towards a long weekend....
Stock Market Today: Google surge powers tech, steady inflation boosts stocks
TheStreet via Yahoo Finance· 4 days agoInvestors will first have to navigate a key inflation reading prior to the opening bell, with the...
Wall Street Breakfast: Big Tech Stunner
Seeking Alpha· 4 days agoThis article discusses strong AI-driven earnings of Big Tech firms Alphabet and Microsoft, the upcoming PCE index report, the return of net neutrality,...
Rupee likely to inch higher at open tracking Asian peers
Reuters· 6 days agoThe Indian rupee is likely to open slightly higher on Wednesday, aided by an uptick in its Asian...