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.
Economic Calendar: Dollar and Equities Await the US NFP Report (02.10.2026)
Eurozone Manufacturing Shows Slightly Better Final PMI Data 💡
📉 NATGAS falls 1.2%. What about winter?
Economic Calendar - Global series of manufacturing PMI indicators and a marathon of central bankers' speeches