🏦💬 Former Fed Vice Chairman Richard Clarida shares insights! 📊🔍 In an interview with CNBC, he emphasizes that the current Fed under Powell relies on indicators for decisions. After reviewing recent minutes, Clarida still sees a possibility of another rate hike in the fall. 📈🔒 Referring to the June Economic Outlook Summary, he notes that many members believed both a July rate hike and another subsequent one were warranted. Fed's outlook dynamics shape economic considerations! 💡🌐 #FedRateHikeOutlook #EconomicIndicators #CentralBankInsights

🗓️🌍 Here's this week's key global macro schedule (KST):

- 8/15 08:50 - Japan 2Q Gross Domestic Product (GDP)

- 8/16 00:00 - FOMC Kashikari Speech, 15:00 - UK July Consumer Price Index (CPI)

- 8/17 03:00 - US FOMC Minutes, 21:30 - US New Jobless Claims

- 8/18 18:00 - EU Consumer Price Index (CPI)

These events can significantly influence market trends and economic outlooks. Stay tuned for insights and potential impacts. 📊🌐 #GlobalMacroSchedule #EconomicIndicators #MarketTrends #InvestmentInsights

📈 US 10-year Treasury bond yield hits 15-year high! 💹 Reaches 4.258% on the 16th, the highest since June 2008. 📰 Wall Street Journal reports the milestone. Financial markets navigating changing yield dynamics. #USTreasuryYield #MarketUpdate #EconomicIndicators

📉 U.S. Department of Labor reports Producer Price Index (PPI) for October 2023 at -0.5% compared to the previous month (up 0.5% in September), below market expectations. 📉📊 #USPPI #EconomicIndicators #FinancialNews 🌐

**U.S. Core PCE Price Index Rises Less Than Expected**: The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) reported that the U.S. core personal consumption expenditures (PCE) price index increased by 0.1% in November compared to the previous month, which was lower than market expectations of 0.2%. On an annual basis, the core PCE price index rose by 3.2%, slightly below the expected 3.3%. This index, which excludes energy and food prices, is closely monitored by the Federal Reserve as a key inflation indicator. 🇺🇸💹 #US #InflationHedgingCoin #EconomicIndicators

📊🇺🇸 The US Bureau of Economic Analysis (BEA) has released data on the core Personal Consumption Expenditures (PCE) price index, a crucial inflation metric. In July, it showed a 0.2% increase from the prior month, aligning with market forecasts. Year-on-year, the index surged by 4.2%, consistent with expectations. This indicator, which excludes volatile energy and food components, holds significance for the Federal Reserve as a reliable gauge of price trends. #EconomicIndicators #Inflation #USPCE #EconomicData

📆 This week's global macro schedule in KST:

- 9/4: Labor Day (NY stock market closed)

- 9/5 08:00: Korea's Q2 Gross Domestic Product (GDP)

- 9/7 03:00: U.S. Federal Reserve (Fed) Beige Book

- 9/7 18:00: Eurozone Q2 GDP Estimate

- 9/7 21:30: U.S. New Unemployment Claims

- 9/8 04:30: Speech by John Williams, President of NY Fed

- 9/9 10:30: China August Consumer Price Index (CPI), Producer Price Index (PPI)

Stay informed about these key events and their potential impact on the markets! 📊🌍 #GlobalMacroSchedule #MarketEvents #EconomicIndicators

$BTC 📉 U.S. Q4 GDP Growth Update:
- Slightly below forecasts
- Recorded a 3.2% increase vs. expected 3.3%
- Monitoring potential market impact
- Stay informed and adapt trading strategies accordingly.

#Bitcoin #BTC #EconomicIndicators #ShogunFX

US GDP Growth Surges Despite Challenges👍
US GDP blew past all street estimates and grew at 4.9% in Q3, doubling the pace in the prevoius quarter and the fastest levels since 2021. A near regional-banking collapse, ongoing geopolitical conflicts, sky high mortgage rates and stubborn inflation were not able to slow the American consumer. Personal consumption jumped 4%, goods spending scorched at 4.8%, services spending rose 3.6%, final sales grew 3.5%, residential investment bounced 3.9%, and government and federal spending rose 4.6% and 6.2%, respectively. Inventory rebuilds added $66bln to GDP in the 3rd quarter, and core PCE slowed to a comfortable 2.4% vs 3.7% last quarter. An unequivocally strong report across the board.
The other data release collaborated with the strong data theme, with durable goods bouncing 4.7% verus -0.1% in August, pending home sales rebounding 1.1% versus -7.1% last month, and initial claims holding steady at just +10k (to 210k) for the week ending October 21.
#USGDP #Inflation #CorePCE #DurableGoods #EconomicIndicators