ALREADY In AN HOUR! NEWS BLOCK ON THE STATES! - Ester Holdings

ALREADY In AN HOUR! NEWS BLOCK ON THE STATES!

Dear traders,

Today, at 15:30 (Kiev) – publication of a news block on the USA: the basic price index of spending on personal consumption in the US (y/y), the basic price index of spending on personal consumption in the US (m/m) and the costs of individuals in USA (m/m).

Ester’s leading specialist A. Sivtsov writes:

“Domestic consumption is the largest component of the US GDP, and data on incomes and expenditures of individuals have a direct correlation and are indicators of the US economic growth.

According to the forecast, personal income in September increased by 0.4%, exceeding the previous growth of 0.2%. Expenses of individuals in September increased by 0.8%, which is higher than the growth in August at the level of 0.1%. In case of data release within the forecast, the US dollar will receive support. So one should expect the American to grow at a level of 30 points, against a basket of currencies.”

We wish you a profitable trade!


We remind you that you can always get acquainted with upcoming news in the Economic Calendar, as well as in the daily market review on our official YouTube channel.

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