US Personal Spending MoM (Mar) M/M 0.9% vs. Exp. 0.9% (Prev. 0.4%)
The US Personal Spending data for March came in line with expectations, showing a 0.9% month-over-month increase, up significantly from 0.4% in the previous month.
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
US Personal Spending MoM (Mar) M/M 0.9% vs. Exp. 0.9% (Prev. 0.4%)
ING says "edging towards a BoE hike in June", following BoE meeting (prev. saw no tightening in 2026)
Meta Platforms (META) seeks to raise as much as USD 25bln from its six-part debt sale
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This consistent performance may suggest a stable outlook for consumer spending, potentially reinforcing the Federal Reserve's data-dependent approach to future monetary policy.
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