- US: Personal Income rises 0.5% MoM in February vs 0.5% exp., Personal Spending rises 0.2% MoM vs 0.5% exp.
Market news
31 tháng 3 2022
US: Personal Income rises 0.5% MoM in February vs 0.5% exp., Personal Spending rises 0.2% MoM vs 0.5% exp.
Personal Income in the US rose by 0.5% MoM in February whist Personal Spending rose by 0.2%, the latest data release by the Bureau of Economic Analysis and Department of Commerce showed on Thursday. The latter thus came in in line with the expected gain of 0.5% MoM, while the former came in lower versus the expected MoM gain of 0.5%.
Market Reaction
The latest batch of US data has not provoked a reaction in FX markets, given that market participants are viewing February data as "out of date" given geopolitical developments that took place late last month.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page