S&P 500 futures are up 33 points, or 0.75%Weak Nike earnings might have spooked a different market because it's a good bellwether for consumer spending on apparel but the broader market has shaken it off despite a 3% fall in NKE shares.Lower PCE inflation is the...
EURUSD moves back into consolidation area. What do you need to watch today in the EURUSD
The EURUSD moved higher in the early US trading and in the process as it reentered into the "Red Box" (see chart below), that was the value area until breaking lower yesterday (between 1.0886 and 1.0973). The price is currently testing the low swing area within that...
US dollar slumps as PCE inflation ticks lower
The Federal Reserves' preferred measure of inflation fell in May and offered hints that consumer spending might be slowing.The combination led to some US dollar selling as the quarter winds down. The move might have been exagerrated because USD traffic has been...
US Dollar Slides as Fed’s Favorite Inflation Gauge Comes Below Expectations
PCE REPORT KEY POINTS:May U.S. consumer spending rises 0.1% m-o-m, one-tenth of a percent below expectationsCore PCE climbs 0.3% monthly, bringing the annual rate to 4.6% from 4.7%, also below estimatesU.S. dollar extends losses following weaker-than-forecast spending...
(99.9%가 모르는) 새로운 자동 부업! 1번만 실행해도, 돈이 꾸준히 들어옵니다 (바로 따라해 보세요! 집에서 0원으로 돈버는 자동 부수입 만들기)
https://www.youtube.com/watch?v=nZ2uCKwmVEQ 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 1번만 실행하면, 더이상 아무것도 안하고, 일을 안해도 평생 돈이 들어오는 자동 부업 방법을 소개하려고 합니다 컴퓨터, 노트북 등만 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 원리만 알면 간단해서 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은 지금이라도 당장, 가벼운...
7월 1일부터 전국! 전국민! 더 좋아지는 7가지 혜택 받으세요~
https://www.youtube.com/watch?v=Dx8a41Ml5ZI 7월부터 전국적으로 시행되면서 최대한 많은 분들에게 해당하고, 일상생활 속에서 알아두면 도움이 되는 알짜 정보들만 골라서 소개해 드립니다. 무료 혜택이나 더 늘어나는 지원금 등 유용한 정보 확인하세요! #7월부터 #하반기달라지는 #정부지원금 MoneyMaker FX EA Trading...
US May core PCE inflation +4.6% y/y vs +4.7% expected
US core PCEPrior was +4.7%PCE core +0.3% m/m vs +0.3% expectedPrior MoM +0.3%Headline inflation PCE +3.8% y/y vs +4.4% prior (revised to +4.3%)Deflator +0.1% m/m vs +0.4% priorConsumer spending and income for May:Personal income +0.4% vs +0.3% expected. Prior month...
Canada GDP for April 0.0% versus 0.2% expected
Canada GDPPrior month 0.0% revised to +0.1%April GDP 0.0% versus 0.2% expectedgoods producing industries up 0.1%service producing industries 0.0%11 of 20 industrial sectors posted increasesAdvanced GDP for May is expected at 0.4%. The advanced number for April was...
(99.8%가 모르는) 새로운 자동 부업! 1번만 실행해도, 돈이 평생 들어옵니다 (바로 따라해 보세요! 집에서 0원으로 자동 부수입 만들기)
https://www.youtube.com/watch?v=nZ2uCKwmVEQ 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 1번만 실행하면, 더이상 아무것도 안하고, 일을 안해도 평생 돈이 들어오는 자동 부업 방법을 소개하려고 합니다 컴퓨터, 노트북 등만 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 원리만 알면 간단해서 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은 지금이라도 당장, 가벼운...
The GBP is the strongest and the CHF is the weakest as the North American session begins
The strongest to weakest of the major currenciesThe GBP is the strongest and the CHF is the weakest as the North American session begins. The USD is mixed ahead of the key core PCE data at 8:30 AM ET. Overnight, in Japan, the Tokyo Core Consumer Price Index (CPI)...
PBOC reaffirms to implement prudent monetary policy
To implement prudent monetary policy accurately and forcefullyTo effectively support domestic demand expansion, improve private consumption environmentTo ensure delivery of housing, promote healthy development of real estate marketTo keep liquidity reasonably ample,...
Memecoin MOOKY Raises $900,000 Ahead of Its Final Presale Stage
Memecoin Mooky is gearing up for its final presale phase, having raised $900,000 to date. More than just a novel crypto token, Mooky aims to support the environment through a major tree-planting campaign.Mooky will be a community-driven platform whose governance...
ForexLive European FX news wrap: Dollar mixed, Eurozone core inflation sticky
Headlines:Markets:GBP leads, CAD lags on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields up 1.6 bps to 3.870%Gold down 0.1% to $1,905.63WTI crude down 0.1% to $69.76Bitcoin up 1.2% to $30,775And just like that, we're about to reach the...
Gold Price Latest: Testing Support as US Inflation Data Nears
Gold Price (XAU/USD) Analysis, Price, and ChartUS PCE print may spark a bout of short-term volatility in the precious metal.Technical support is coming under pressure. Recommended by Nick Cawley How to Trade Gold Get My Guide For all market-moving data releases and...
Japan MOF confirms no currency intervention so far in the past four weeks
They have been releasing this periodically every month, with this one covering the period from 30 May to 28 June. The MOF notes that there was zero Japanese yen spent on currency intervention during that time. With USD/JPY now knocking on the door of 145, will next...
What is priced in for the RBA policy decision next week?
In terms of market pricing, we're not seeing strong conviction expecting the RBA to raise the cash rate next week. Based on cash rate futures, there is a roughly 63% probability that there will be no change with the other 37% expecting a 25 bps rate hike. If you want...
Rotation, Sectors and Stock picking
We seem to be seeing a little bit of rotation in the allocation to US indices. This is a rather strange thing to see in 2023: after all, the US30 is up 2.94% YTD, compared to 15.47% for the US500 and 36.57% in the case of the Nasdaq. But if we look at the performance...
Equities gain added momentum so far in European trading
Eurostoxx +0.6%Germany DAX +0.8%France CAC 40 +0.8%UK FTSE +0.5%S&P 500 futures +0.3%Nasdaq futures +0.5%Dow futures +0.1%Perhaps we are seeing some window dressing at play before we hit the end of the quarter and the half-year mark? In any case, it's a tough one...
Eurozone May unemployment rate 6.5% vs 6.5% expected
Prior 6.5%The euro area jobless rate is seen stable in May and is even lower compared to the 6.7% reading from last year during the same period. That speaks to the lack of impact the supposed slowdown in the economy is having on the jobs market, which has been a...
Eurozone June preliminary CPI +5.5 vs +5.6% y/y expected
Prior +6.1%Core CPI +5.4% vs +5.5% y/y expectedPrior +5.3%The good news here is that headline annual inflation has declined further on the month, even when accounting for the higher base effects in Germany. However, core inflation remains stubbornly high and that is...