Posts Tagged ‘Spending’
Better Than Expected US Spending Report Struggles to Keep Crude Above Water
Better Than Expected US Spending Report Struggles to Keep Crude Above Water
There was more than enough reason to see US crude higher to start the week. Therefore, the benchmark energy contract would naturally fall on the day.
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EUR/USD: Trading the U.S. Personal Spending Report
Personal spending is expected to increase 0.3% in April following the 0.6% expansion in the previous month, while household incomes are forecasted to widen 0.4% during the same period after rising 0.3% in February, and conditions are likely to improve going forward as the government continues to support the real economy.
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