Free Trial
JGB TECHS

(Z2) Stable at a Lower Level

JGBS

Firmer On Wider Impulse

KRW

Familiar Themes Still Driving Won Gains

US TSYS

Firmer On Tuesday, Midterms On Deck

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Watching PCE Momentum After Q2 Revisions

US DATA
  • Released 0830ET, consensus sees core PCE inflation bouncing from 0.1% to 0.5% M/M in Aug but also watch revisions for latest momentum after yesterday’s national accounts data saw Q1 up from 5.2% to 5.6% and Q2 from 4.4% to 4.7% (Q/Q annualized).
  • On the spending/income side, there was also a notable downward revision in the savings ratio, -1.7pts to 3.4% in Q2, leaving it in line with the 2005-07 average and close to series lows, boosting consumption with it.
78 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Released 0830ET, consensus sees core PCE inflation bouncing from 0.1% to 0.5% M/M in Aug but also watch revisions for latest momentum after yesterday’s national accounts data saw Q1 up from 5.2% to 5.6% and Q2 from 4.4% to 4.7% (Q/Q annualized).
  • On the spending/income side, there was also a notable downward revision in the savings ratio, -1.7pts to 3.4% in Q2, leaving it in line with the 2005-07 average and close to series lows, boosting consumption with it.