Ab jetzt sind wir Elev8

Wir sind mehr als nur ein Broker. Wir sind ein All-in-One-Trading-Ökosystem – alles, was Sie zum analisieren, traden und wachsen brauchen, ist an einem Ort. Sind sie bereit, Ihr Trading zu verbessern?

Monthly profile of personal spending suggests stronger momentum in Q2 - Nomura

Analysts at Scotiabank explained that Personal income rose a steady 0.3% m-o-m in April, mostly in line with expectations (Nomura: 0.4%, Consensus: 0.3%), with healthy gains in wages and salaries.

Key Quotes:

Personal consumption expenditures (PCE) increased a brisk 0.6% m-o-m, slightly above expectations (Nomura: 0.5%, Consensus: 0.4%). The increase in March was revised up to a 0.5% increase, implying better momentum heading into Q2. This appears consistent with our view that consumer spending will pick up in Q2 after relatively soft growth in Q1.

GDP tracking update:

The increase in personal consumption expenditure in April was slightly stronger than expected. Further, backward revisions suggest more momentum in personal spending growth in Q2. Thus, after rounding, we raised our Q2 real GDP tracking estimate by 0.3pp to 3.8% q-o-q saar.

Fed's Brainard: Global financial-market stress, possible channels to US an important consideration for monpol

Additional headlines are crossing the wires from the Fed Governor Lael Brainard, with key points, via Reuters, found below. Rising oil prices seen
Mehr darüber lesen Previous

US Pending Home Sales slide in April amid lack of inventory - Wells Fargo

Today’s data revealed that US Pending Home Sales dropped 1.3% in April. According to analysts from Wells Fargo, severe inventory...
Mehr darüber lesen Next