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Live Analysis post US GDP

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The US GDP report revealed personal income growth of a slightly stronger than expected 5.1% for total income and 12.5% for disposable income in Q1, after respective Q4 rates of 7.5% and 8.9%.  Implied Fed funds futures rose in the wake of the data that showed an acceleration in core PCE inflation to a still too hot 4.9%. That goes against the FOMC’s criteria for a pause — evidence of a sustained trend toward the 2% target. A quarter point rate hike is built into the market as reflected by the May contract at 5.049% while June is at 5.115% and July at 5.052%.

Click here to access our Economic Calendar

Stuart Cowell

Head Market Analyst

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.






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With over 25 years experience working for a host of globally recognized organisations in the City of London, Stuart Cowell is a passionate advocate of keeping things simple, doing what is probable and understanding how the news, charts and sentiment work together to provide trading opportunities across all asset classes and all time frames.


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