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United States Personal Consumption Expenditures – Price Index (YoY) came in at 2.1%, below expectations (2.2%) in April

Stablecoins stole the spotlight at Bitcoin 2025, as U.S. officials backed new legislation to enshrine digital dollars.

US headline PCE price index rose 0.1% mom in April, in line with expectations, while annual inflation slipped from 2.3% yoy to 2.1% yoy, below the consensus of 2.2%. Core PCE, Fed’s preferred inflation gauge, also rose 0.1% mom and slowed from 2.6% yoy to 2.5% yoy, matching expectations. The data supports the view that […]

The post US core PCE inflation cools to 2.5%, income surges appeared first on Action Forex.

SEC Commissioner Hester Peirce said investors shouldn’t expect protection when it comes to meme coins as the agency pulls back from aggressive enforcement.

“The proliferation of AI in all aspects of business is increasing the need for our AI security,” said CEO Jay Chaudhry in a release.

Macron’s speech comes amid a regional tour that has also taken him to Vietnam and Indonesia.

The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.

United States Baker Hughes US Oil Rig Count fell from previous 465 to 461

The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research.

CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling activity will continue to weigh on price action into the OPEC meeting, TDS’ Senior Commodity Strategist Daniel Ghali notes.