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U.S. personal spending in November rose by 0.5%, meeting expectations

In November, U.S. personal spending rose 0.5%, while the USD weakened against major currencies. Gold neared $5,000, and Bitcoin surged above $90,000, hinting at lucrative trading strategies ahead. – vtmarketsmy.com

US personal income for November was lower than expected at 0.1% instead of 0.4%

November’s weak 0.1% personal income growth hints at a fading consumer strength, influencing the US dollar’s decline. This trend boosts currency pairs like EUR/USD and GBP/USD, and precious metals soar. – vtmarketsmy.com

US Personal Consumption Expenditures Price Index met the forecasted increase of 0.2%.

In November, US inflation remained steady, while global markets reacted to geopolitical developments. As December’s job growth surpassed expectations, market volatility is anticipated due to shifting Federal Reserve policies. – vtmarketsmy.com

Core personal consumption expenditures price index in the United States matches expectations at 0.2%

US inflation held steady at 2.8%, impacting Federal Reserve rate expectations and strengthening the dollar. Gold dipped while cryptocurrencies showed slight gains amid shifting market dynamics and renewed trade tensions. – vtmarketsmy.com

Consumer confidence in the Eurozone rises to -12.4 in January from -13.1

US Core PCE inflation remains steady at 2.8%. The dollar’s weakness boosts gold prices while UK inflation prompts a strong British Pound. Traders should navigate these volatile markets cautiously. – vtmarketsmy.com

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