US Personal Consumption Expenditure (PCE) Core Inflation Unchanged at 1.7% (News: 28/03/16)

Today’s Press

  • The headline Personal Consumption Expenditure (PCE) Index fell 0.1% for February following a 0.1% gain the previous month, while core prices rose 0.1% after a 0.3% gain the previous month. The core monthly change was slightly lower than the expected 0.2%. On an annual basis, there was a 1.7% underlying gain, unchanged from the previous month and, although equalling the highest rates since the Summer of 2014, it was below the expected 1.8%.

  • U.S. stock futures were higher, heading into the final four trading days of March and the first quarter. After the long Easter weekend, Wall Street snapped a five-week winning streak with weekly losses. The Dow was slightly positive to for the year, while the S&P 500 was slight negative. The Nasdaq was off nearly 4.7 percent in 2016.

  • U.S. government bonds were little changed on Monday as investors await comments from Federal Reserve Chairwoman Janet Yellen and a key jobs report for clues about the timing of an interest-rate increase.

Next Trading Day’s Important Events

Forex Quotes:

  • USDJPY: 113.34
  • EURUSD: 1.1199


  • S&P 500: 2,036.25
  • NASDAQ : 4,768.97

Source:: US Personal Consumption Expenditure (PCE) Core Inflation Unchanged at 1.7% (News: 28/03/16)

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