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:
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Personal Income: -4.2% MoM vs -6.0% expected (previous: 10.5% MoM)
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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:
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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.
Economic Calendar – Key U.S. Inflation Data (April 10, 2026)
BREAKING: U.S. PCE Data In Line with Expectations. EURUSD shows no reaction!
Economic calendar: Outdated PCE can still move the markets? (09.04.2026)
BREAKING: Outdated "hawkish" minutes fail to move the dollar