Breaking News

U.S. Personal Spending MoM

Latest Release

Oct 31, 2024

Actual

0.5%

Forecast

0.4%

0.3%

Personal Spending measures the change in the value of all spending by consumers. Consumer spending accounts for a majority of overall economic activity. This report does, however, tend to have a mild impact, as government data on retail sales is released about two weeks earlier.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Importance:

Country:

Currency: USD

Source: Bureau of Economic Analysis

Release Date	Time	Actual	Forecast	Previous
Nov 27, 2024 (Oct)	16:00			0.5%
Oct 31, 2024 (Sep)	13:30	0.5%	0.4%	0.3%
Sep 27, 2024 (Aug)	13:30	0.2%	0.3%	0.5%
Aug 30, 2024 (Jul)	13:30	0.5%	0.5%	0.3%
Jul 26, 2024 (Jun)	13:30	0.3%	0.3%	0.4%
Jun 28, 2024 (May)	13:30	0.2%	0.3%	0.1%

News

Oil prices suffer hefty monthly loss after settling lower on fresh supply jitters By Investing.com - Aug 30, 2024

Investing.com-- Oil prices settled lower Friday, pressured by expectations for OPEC+ to boost output in October at time when questions over the strength of the demand outlook persist. At 14:30 ET...

S&P500 closes lower to snap record run after Intel brings pain for tech By Investing.com - Jan 26, 2024

Investing.com -- The S&P500 slipped Friday, ending its five-day record run, though still ended the week in positive even as Intel's slump left a dent in big tech. By 16:00 ET (20:00 GMT), the...

Stock Market Today: Dow ends losing week on sour note as energy stocks lead rout By Investing.com - Oct 27, 2023

Investing.com -- The Dow slumped Friday, as investors digested contrasting corporate earnings as Amazon and Intel impressed, but underwhelming results from oil majors including Chevron left energy...

Analysis

2-Year Treasury Yield: Upward Trend Suggests Waning Odds for Another Fed Rate Cut By James Picerno - Oct 29, 2024

The backup in Treasury yields may be a warning sign that the odds are slipping that the Federal Reserve will cut interest rates again at the next policy meeting on Nov. 7. The policy-sensitive 2-year...

US Dollar Slips as Rate Cut Bets Rise: Potential Trading Opportunity Lurks at 104 By Günay Caymaz - Jun 03, 2024

Expectations for a Fed rate cut have strengthened somewhat. ECB is almost certain to cut interest rates this week and eyes will be on Lagarde. Meanwhile, the Japanese Finance Ministry report...

Gold: Today's Move Indicates Prices Could Start Sliding Soon By Satendra Singh - Jan 29, 2024

Despite a rollover gap-up opening this week, Gold futures could remain under selling pressure on Monday as Friday’s stronger-than-expected economic data on Dec. Personal Spending and Pending...

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