Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
US core annualised PCE prices as expected but short term prices miss-USD/JPY slides on the news
The US details of the August Personal Consumption and Expenditure (PCE) have just hit the screens. The core price index component of that report was expected to rise slightly last month on an annualised basis, to 2.7%, from 2.6%. It has risen as expected, but the shorter term prices has not risen by as much, hence the dollar has immediately fallen in the news. The USD/JPY has now dropped to below 142.75, hitting fresh session lows at 142.63. It is currently trading at 142,90
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
