Analysts at ANZ noted the bounce back in US data from overnight. Key Quotes: “April personal spending was upbeat at 0.6%, while real personal spending rose 0.4%.” “The data should help allay fears of a more protracted slowdown in consumption after yesterday’s weaker Q1 result.” “Personal income rose 0.3%.” “The core PCE deflator was at 1.8% y/y in April, unchanged from a downwardly revised 1.8%.” “Initial and continuing jobless claims declined.” “The Chicago PMI was strong; the Beige Book stressed the tightness of the labour market.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NEO technical analysis: NEO/USD produces double top at the 26th May high, price may look for safety at $52, where an ascending trend line awaits FX Street 5 years Analysts at ANZ noted the bounce back in US data from overnight. Key Quotes: "April personal spending was upbeat at 0.6%, while real personal spending rose 0.4%." "The data should help allay fears of a more protracted slowdown in consumption after yesterday's weaker Q1 result." "Personal income rose 0.3%." "The core PCE deflator was at 1.8% y/y in April, unchanged from a downwardly revised 1.8%." "Initial and continuing jobless claims declined." "The Chicago PMI was strong; the Beige Book stressed the tightness of the labour market." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
