Forex News
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Comedian Joe Rogan welcomed an Australian martial artist to his podcast who dumped $1 million in cash out on a table to promote his upcoming fighting tournament, video shows. Craig Jones, a Brazilian Jiu-Jitsu fighter, made an appearance on the immensely popular “Joe Rogan Experience” podcast this week and in the middle of the interview said he wanted to ...
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A 12-string acoustic guitar owned by John Lennon in the 1960s was sold for $2.86 million at a New York auction on Wednesday, the organizer said, with the price setting a new record for a guitar linked to the British rock band The Beatles. According to Julien's Auctions, the guitar was owned by Lennon and used by both Lennon and George Harrison during ...
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Inflation and wages are kind of a chicken or egg issue. Do higher prices cause higher wages or do higher wages cause higher prices? I suppose it’s probably a little of both. There is an obvious relationship when you look at the data. Here’s a look at year-over-year wage growth versus trailing twelve-month inflation going back to 1965: chart Wages grow ...
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The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT. The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed ...
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Personal income increased $65.3 billion (0.3 percent at a monthly rate) in April, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI) —personal income less personal current taxes—increased $40.2 billion (0.2 percent) and personal consumption expenditures (PCE) increased $39.1 billion (0.2 percent). The PCE price index increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent (table 5). Real DPI decreased 0.1 percent in April and real PCE decreased 0.1 percent; goods decreased 0.4 percent and services increased 0.1 percent (tables 3 and 4). table | post: The core PCE price index rose 0.25% in April (it rounded down to 0.2% because it was 0.249%) Jan-March figures were revised down ever so slightly. The 12-month change was 2.75%, a three-year low The 6-month annualized rate was 3.18%, the highest since July pic.twitter.com/boKVU2IxLA post: The 3-month annualized rate was 3.46%, down from the previous two months but still higher than any point in 2H 2023 This report was largely anticipated two weeks ago and won't change much of anything for the near-term Fed outlook of "wait and see."The Fed’s favorite inflation gauge showed little progress last month Inflation remained sticky in April, as a closely watched measure of price changes was unchanged from the month before, providing yet another reminder of stubborn price pressures. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — rose 0.3% from the month before, resulting in an annual rate of 2.7% that matched March’s gain, according to Commerce Department data. Although Friday’s report served as yet another reminder that slowing down inflation is a bumpy process, the results weren’t a surprise. Economists, by and large, weren’t expecting much of a meaningful shift in the inflation gauges. Both the monthly and annual increases in the overall and core index were projected to be unchanged from March, according to FactSet consensus estimates.
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Euro area annual inflation is expected to be 2.6% in May 2024, up from 2.4% in April according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in May (4.1%, compared with 3.7% in April), followed by food, alcohol & ...
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The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic ...
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Data from Japan’s Ministry of Finance Friday confirmed the country’s first currency intervention since 2022, after the Japanese yen plunged to a 34-year-low in April. The finance ...
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The impact of former President Donald Trump’s historic guilty verdict has yet to set in on Wall Street. From round-the-clock currencies to after-hours equity trading, most ...
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Euro area annual inflation is expected to be 2.6% in May 2024, up from 2.4% in April according to a flash estimate from Eurostat, the statistical office of the European Union. ...
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Personal income increased $65.3 billion (0.3 percent at a monthly rate) in April, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI) —personal income less personal current taxes—increased $40.2 billion (0.2 percent) and personal consumption expenditures (PCE) increased $39.1 billion (0.2 percent). The PCE price index increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent (table 5). Real DPI decreased 0.1 percent in April and real PCE decreased 0.1 percent; goods decreased 0.4 percent and services increased 0.1 percent (tables 3 and 4). table | post: The core PCE price index rose 0.25% in April (it rounded down to 0.2% because it was 0.249%) Jan-March figures were revised down ever so slightly. The 12-month change was 2.75%, a three-year low The 6-month annualized rate was 3.18%, the highest since July pic.twitter.com/boKVU2IxLA post: The 3-month annualized rate was 3.46%, down from the previous two months but still higher than any point in 2H 2023 This report was largely anticipated two weeks ago and won't change much of anything for the near-term Fed outlook of "wait and see."The Fed’s favorite inflation gauge showed little progress last month Inflation remained sticky in April, as a closely watched measure of price changes was unchanged from the month before, providing yet another reminder of stubborn price pressures. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — rose 0.3% from the month before, resulting in an annual rate of 2.7% that matched March’s gain, according to Commerce Department data. Although Friday’s report served as yet another reminder that slowing down inflation is a bumpy process, the results weren’t a surprise. Economists, by and large, weren’t expecting much of a meaningful shift in the inflation gauges. Both the monthly and annual increases in the overall and core index were projected to be unchanged from March, according to FactSet consensus estimates.
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post: JAPAN FINMIN SUZUKI: FX STABILITY IS IMPORTANT post: SUZUKI: FX LEVEL DETERMINED BY MARKET post: SUZUKI WARNS THAT INCREASING BOND YIELDS COULD STRAIN GOVERNMENT FINANCES
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USDCAD has been rebounding off the medium-term ascending trend line over the last couple of weeks, remaining in a positive territory. However, the pair is also finding strong resistance around the 1.3740 barricade with the short-term simple moving averages (SMAs) suggesting a potential bearish crossover. The technical oscillators are showing some mixed ...
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The quotes of the USD/JPY currency pair continue to move as part of the development of a correction and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 156.99. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, ...
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ACY Securities has reached a new milestone in the adoption and success of its live copy trading feature on the Tradingcup platform, with over 3,248 signals generated and more than $54 million in invested funds. The multi-asset CFD broker’s live copy trading feature on Tradingcup allows users to replicate the trades of top-performing traders, thus providing ...