Alphabet stock up 8.5% in May as bullish momentum builds into month-end
Alphabet share price is trading near $172.2 in Friday’s premarket session, edging up from Thursday’s close of $171.8.
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Pound Sterling Price News and Forecast: GBP/USD sets trading range before next breakout
GBP/USD managed to rebound from the multi-day low it set early Thursday and ended the day with small gains. The pair struggles to gather directional momentum early Friday and trades in a narrow band below 1.3500. -
United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in April
United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in April -
United States Personal Consumption Expenditures – Price Index (YoY) came in at 2.1%, below expectations (2.2%) in April
United States Personal Consumption Expenditures – Price Index (YoY) came in at 2.1%, below expectations (2.2%) in April -
As Denmark raises its retirement age to 70, experts weigh in on whether the U.S. may follow its lead
Raising the retirement age to 70 would help Social Security’s trust fund shortfall. But experts say an across-the-board change may hurt some beneficiaries. -
EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
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
United States Baker Hughes US Oil Rig Count fell from previous 465 to 461 -
United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in May
United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in May -
USD/CHF Price Forecast: Gains ground near 0.8200
The USD/CHF pair attracted bids after revisiting a near five-week low around 0.8185 during North American trading hours on Friday. -
United States Wholesale Inventories came in at 0% below forecasts (0.4%) in April
United States Wholesale Inventories came in at 0% below forecasts (0.4%) in April
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