Daily Market Roundup: US ? March 30

Daily Market Roundup: US ? March 30

By: Darryl Frankfort | Where To Trade | On:30-03-2015 10:12
Back

Key Highlights

  • US dollar continued to gain momentum and traded to new weekly highs against the Euro and the British pound.

  • In the US, Personal Income released by the Bureau of Economic Analysis, Department of Commerce registered an increase of 0.4% in February 2015, whereas the expectation was of a 0.3% rise.

  • US Personal spending posted an increase of 0.1%, compared to the expectation of 0.2%.

  • US Core Personal Consumption Expenditure registered an increase of 1.4% in February 2015, compared to the last rise of 1.3%.

  • US Pending Home Sales released by the National Association of Realtors posted an increase of 3.1% in February 2015, compared to the preceding month.

Key Releases:

US personal income (US Dollar)

US personal spending (US Dollar)

US pending home sales (US dollar)

US Personal Income

Earlier during the NY session, the Personal Income, which events the total income received by individuals, from all sources including wages and salaries, etc. was released by the Bureau of Economic Analysis, Department of Commerce. The market was expecting it to increase by 0.3% in February 2015, compared to the preceding month. However, the outcome was above the forecast, as the US Personal Income increased by 0.4%. The last reading was also revised up from 0.3% to 0.4%.

The report stated that the Personal consumption expenditures (PCE) managed to rise by $11.8 billion, or 0.1% in February 2015, which was in line with the forecast. There were some revisions as well, and based on which in January the US personal income rose $61.8 billion which is 0.4%. Lastly, the DPI increased $61.5 billion or we can say 0.5%.

The US Personal spending was also released around, which was a bit on the lower side. The market was expecting it to rise by 0.2% in February 2015, compared to the preceding month. However, the outcome was a bit below the forecast, as the US Personal spending increased only by 0.1%. Although, this was a lot more when compared to the last decrease of 0.2%.

US Pending Home Sales

The Pending Home Sales released which is a leading indicator of trends of the housing market in the US was published by the National Association of Realtors. It registered an increase of 3.1% in February 2015, compared to the preceding month.

Looking Ahead

The Futures for the Dow Jones Industrial Average traded higher to 17,978, up by more than 250 points. The S&P 500 index was also higher by 20 points to 2,080.

By:  |  | On:2016-11-10
Against all odds, the Asian markets opened higher

Against all odds, the Asian markets opened higher

By: Simon Furman | Where To Trade | On:Wednesday, November 10, 2016

Asian shares tumbled starting Wednesday, when the election poll trickled in and the Republican candidate had a clear advantage

Free Forex Seminar Coming Up in Budapest

Free Forex Seminar Coming Up in Budapest

By: James Ansher | XM | On:November 10, 2016

Designed for both novice and more advanced traders, the topic of the seminar provide useful information about the practical use of price risk levels, including various techniques used in risk management

Donald Trump has been elected as the 45th president of the United States of America

Donald Trump has been elected as the 45th president of the United States of America

By: Oliver Miller | Where To Trade | On:November 9, 2016

After tumbling overnight, the dollar strengthened during and after Donald Trump’s first speech as the elected President of the United States

Gold Futures were up 0.61%, to trade at $1,326.95 an ounce

Gold Futures were up 0.61%, to trade at $1,326.95 an ounce

By: Darryl Frankfort | Where To Trade | On:Monday, October 31, 2016

Monday, October 31, 2016 - Stocks were mixed at the end of the day. The Dow Jones Industrial Average closed 0.10% lower at 18,142.42, while the S&P 500 Index rose 0.01% closing at 2,126.15.

StockPair

Press Release

YesOption Voted Best Technical Analysis by DailyForex

YesOption Voted Best Technical Analysis by DailyForex

August 12, 2014 - London, UK, - Leading online forex and binary options trading platform - www.yesoption.com has once again made the news by being awarded the prestigious award of ‘Best Technical Analysis of 2014’ ...
24option binary options broker review

24option binary options broker review

Plus500Findings.com is recently launched online to help traders decide which broker they could open an account. 24Option, one of the popular trading platform online is reviewed whether it is legitimate broker or scam. This reviews and findings are of great benefits for traders, especially for those novice ones, who are just starting in the trading industry. ...
Banc De Binary Expands Investment Research Service

Banc De Binary Expands Investment Research Service

Leading Investment Firm, Banc De Binary, which specializes in binary options trading, has added a new weekly video series and trading webinars to the investment research service that it provides to its clients. ...

Articles

Citigroup Inc. is to pay $25 million amends

Citigroup Inc. is to pay $25 million amends

Citigroup accepted to pay the amends without denying the accusation ...
Netflix added 7.1 million new subscribers

Netflix added 7.1 million new subscribers

Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected ...
The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday

On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy ...
StockPair

Featured Listings