business

breaking news US core PCE inflation in September +0.5% m/m vs. +0.5% expected


  • Highlights from the Fed’s Personal Consumption Expenditure Report for September 2022

Adam’s button

Friday 28/10/2022 | 12:30 GMT-0

28/10/2022 | 12:30 GMT-0

  • Core PCE m/m +0.5% vs +0.5% expected
  • Previous month +0.6%
  • Core PCE y/y +5.1% y/y vs +5.2% expected
  • Before was 4.9% y/y
  • Overall PCE 6.2% y/y versus +6.2% before
  • Deflator m/m +0.3% vs +0.3% before
  • Full report

Consumer spending and income for the month of August:

  • Personal income +0.4% vs +0.3% expected. Previous month +0.3%
  • Personal expenses +0.3% vs. +0.4% before
  • Actual personal expenses +0.6% against +0.4% expected. Previous month +0.4%

The market is encouraged by these data because equity futures contracts

Futures contracts

A futures or futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specific time in the future. It should be noted that the parties do not know each other. These transactions generally involve commodities or other securities involving the buying and selling at a forward or predetermined price. Futures contracts also adhere to a delivery date, which specifies the date of delivery and payment. Compared to other forms of investing, futures contracts are much more complex, as they involve specified and non-flexible parameters. Futures contracts are traded on exchanges which act as a unified market for buyers and sellers. The buyers of contracts represent the holders of long positions, while the sellers represent the holders of short positions. Both parties risk their counterparty walking away if the price goes against them. As such, the contract may involve both parties incurring a margin of the value of the contract with a mutually trusted third party. This margin can vary significantly, depending on the current market volatility of the security being traded. Futures contracts can be incredibly risky. and are the classic definition of stock market speculation. A trader who predicts that the price of an asset will move in a certain direction can contract to buy or sell it in the future at a price. If this prediction is correct, the trader will profit from it. If the prediction is incorrect, there will be losses. Futures trading is considered an advanced type of trading that requires prior knowledge and understanding. For this reason, retail traders will rarely have access to futures trading through brokers without first going through specific questions or account requirements.

A futures or futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specific time in the future. It should be noted that the parties do not know each other. These transactions generally involve commodities or other securities involving the buying and selling at a forward or predetermined price. Futures contracts also adhere to a delivery date, which specifies the date of delivery and payment. Compared to other forms of investing, futures contracts are much more complex, as they involve specified and non-flexible parameters. Futures contracts are traded on exchanges which act as a unified market for buyers and sellers. The buyers of contracts represent the holders of long positions, while the sellers represent the holders of short positions. Both parties risk their counterparty walking away if the price goes against them. As such, the contract may involve both parties incurring a margin of the value of the contract with a mutually trusted third party. This margin can vary significantly, depending on the current market volatility of the security being traded. Futures contracts can be incredibly risky. and are the classic definition of stock market speculation. A trader who predicts that the price of an asset will move in a certain direction can contract to buy or sell it in the future at a price. If this prediction is correct, the trader will profit from it. If the prediction is incorrect, there will be losses. Futures trading is considered an advanced type of trading that requires prior knowledge and understanding. For this reason, retail traders will rarely have access to futures trading through brokers without first going through specific questions or account requirements.
Read this term Parry the losses and the yields go down from the heights. It’s generally in line with estimates, but there were so many hot readings that the market was likely leaning against a surprise.

The most popular


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button