- Core PCE prices in the US which exclude food and energy remain unchanged at 0.3 month-over-month in April, in line with market expectations. Year-on-year, core PCE inflation went down to 4.9% from 5.2 % in previous month, also in line with analysts’ estimates.
- Personal income declined to 0.4% MoM in April, from d 0.5% increase in March and compared to market expectations of a 0.5% increase.
- Personal spending declined to 0.9% from a month earlier in April, following 1.1% rise in March and compared with market consensus of a 0.7% increase. Higher spending is a positive news for US indexes.
EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair pulled back slightly to 1.0720 level. Source: xStation5
Economic Calendar: What are the most important events of the day and the week❓
Daily Summary: Buyers continue to dominate the markets despite geopolitical turmoil⏰
Economic calendar: German CPI in focus. What's next for DE40? (29.05.2026)
Daily Summary: Is the End of the War Drawing Near? (28.05.2026)