U.S. Core PCE Index Figure Up as Expected, USD Unaffected, Tokyos CPI Inflation Higher, Gold Jumped, Crude Oil Dropped, BTC Got Boost

Previous Trading Days Events 26.07.2024 The personal consumption expenditures PCE price index nudged up 0.1 last month after being unchanged in May. Consumer spending slowed a bit last month. Signs of easing price pressures and a cooling labour market could boost the confidence of Fed officials that inflation is moving toward the U.S. central banks […]
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European Shares Gain on Oil Sector, Earnings Boost

Oil and gas stocks gain amid Middle East conflict Philips soars on Q2 earnings beat Heineken down after operating profit growth miss July 29 Reuters European shares started the week strong, lifted by global oil gains amid Middle East conflict fears and a slew of upbeat earnings, though a drop in Reckitt tempered the rally. […]
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Britain Shakes Up Listings Rules to Attract Investment

LONDON, July 29 Reuters Britain39;s biggest reform of company listing rules in over three decades takes effect on Monday on the London Stock Exchange, a measure intended to help it compete more effectively with New York and the European Union after Brexit. The reforms, part of government efforts to attract more private investment into the British […]
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Oil Prices Stabilise after Golan Heights Attack

LONDON, July 29 Reuters Oil prices were stable on Monday as fears of a widening conflict in the Middle East after a rocket strike in the Israelioccupied Golan Heights balanced demand concerns to put a floor under last week39;s price losses. Brent crude futures lost 33 cents, or 0.41, to 80.80 a barrel at 1214 GMT. U.S. […]
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Japans Top Council Urges Govt, BOJ to Guide Policy with Eye on Weak Yen

TOKYO, July 29 Reuters Japan39;s government and central bank must guide policy by taking into careful consideration recent yen weakness that is hurting consumption, the government39;s top economic council said on Monday. Achieving a recovery in consumption, which shrank for four straight quarters, is key to the government39;s nearterm economic policy, the council said in […]
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