CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: US personal spending did not beat expectations!

13:35 26 June 2020

A few minutes ago U.S. Bureau of Economic Analysis released a set of hard data from the US economy. First of all, investors were offered personal income and spending data for the month of May:

  • Personal Income: -4.2% MoM vs -6.0% expected (previous: 10.5% MoM)

  • Personal Spending: 8.2% MoM vs 9.0% expected (previous: -13.6% MoM)

Apart from that, traders were also waiting for data concerning PCE. Crucial Core PCE results were as follows: 

  • Core PCE: 0.1% MoM vs 0.2% expected (previous: -0.4% MoM)

As it turned out, personal spending data did not manage to beat market expectations. Nevertheless S&P 500 (US500) does not seem to care as the index is gaining a little. 

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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