On Monday in the US, personal income and spending data will be released. Analysts at Wells Fargo, expect an increase of 0.4% in personal income and 0.3% in personal spending. Key Quotes: “With this morning’s Q3 GDP release, we learned that personal consumption expenditures rose 4.0% over the quarter. Continued strength in consumption partly reflects the boost to disposable incomes from tax cuts earlier this year. On Monday, we will receive September personal income and spending data. The strength exhibited in Q3 consumption, however, all but guarantees roughly a 0.3% nominal rise in personal spending for September.” “The wages and salaries component of income posted its largest monthly increase since January in August, and while Hurricane Florence weighed on employment growth in September, the undeniably tight labor market appears to finally be translating to improvement in wages. Even with wage gains, however, energy prices remain elevated, which may have held back overall spending for September.” 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 S&P maintains Italy’s sovereign rating at BBB; lowers outlook to negative from stable FX Street 4 years On Monday in the US, personal income and spending data will be released. Analysts at Wells Fargo, expect an increase of 0.4% in personal income and 0.3% in personal spending. Key Quotes: "With this morning's Q3 GDP release, we learned that personal consumption expenditures rose 4.0% over the quarter. Continued strength in consumption partly reflects the boost to disposable incomes from tax cuts earlier this year. On Monday, we will receive September personal income and spending data. The strength exhibited in Q3 consumption, however, all but guarantees roughly a 0.3% nominal rise in personal spending for September." "The… 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.
