US Personal Spending Rises 0.2% in July, Matching Expectations; Core Inflation Steady
US personal spending increased 0.2% in July, matching economists’ forecasts, according to data released Friday by the Bureau of Economic Analysis. The modest
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US Inflation Gauge Rises Slightly More Than Expected in July as PCE Price Index Hits 0.2%
The US Personal Consumption Expenditures (PCE) price index rose 0.2% in July, according to data released by the Bureau of Economic Analysis, edging
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US GDP Price Index Rises 6.4% in Q2, Topping Forecasts as Inflation Pressures Persist
The United States Gross Domestic Product price index rose 6.4% in the second quarter, according to the latest data release, exceeding the 6.3%
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Canadian Dollar Pressured by Trade Dispute Risks, Says BNY
The Canadian dollar is facing headwinds from escalating trade dispute risks, according to a recent analysis by BNY, a major global investment bank.
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Euro Slips Against US Dollar as Mixed US PCE Data Complicates Fed Rate Path
The euro came under pressure against the US dollar on Friday after the release of mixed US Personal Consumption Expenditures (PCE) price index
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Japanese Yen Slips as Markets Await Tokyo CPI for BOJ Policy Clues
The Japanese yen weakened against major currencies on [date], as traders positioned ahead of the upcoming Tokyo Consumer Price Index (CPI) release, a
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CrowdStrike, Salesforce, Okta Rally in After-Hours Trading as Q2 Earnings Beat Expectations
Shares of CrowdStrike, Salesforce, and Okta surged in after-hours trading on [date] after the companies reported better-than-expected fiscal second-quarter earnings, signaling robust demand
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Canadian Dollar Slips as U.S. Inflation and Trade Frictions Resurface
The Canadian dollar weakened against its U.S. counterpart on [Date], pressured by hotter-than-expected U.S. inflation data that reinforced expectations of prolonged high interest
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Gold Slips as Sticky US PCE Inflation Fails to Boost Fed Rate-Hike Expectations
Gold prices slipped on Friday as the latest US core PCE inflation reading came in slightly above forecasts, yet failed to revive expectations
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Banxico Raises 2026 GDP Forecast but Delays Inflation Target Return
Mexico’s central bank, Banxico, has raised its economic growth forecast for 2026 while pushing back the expected return of inflation to its 3%