U.S. Consumer Spending Posts Largest Gain In A Year; Core PCE Rises 0.2%

Following The Release Of The US PCE Data, The US Dollar Index (DXY) Fell 15 Basis Points To 101.05, While The Australian Dollar Against The US Dollar (AUD/USD) Rose 15 Basis Points To 0.6985

Following The Release Of U.S. Economic Data, U.S. Short-term Interest Rate Futures Rose As Traders Increased Their Bets On Federal Reserve Rate Hikes

The Yield On The Two-year U.S. Treasury Note Continued To Fall After The Data Release, Last Dropping 4.57 Basis Points To 4.843%

Following The Release Of The US PCE Data, Spot Gold Rose More Than $10 In The Short Term, Currently Trading At $4,205 Per Ounce; Spot Silver Rose $0.36 In The Short Term, Trading At $61.36 Per Ounce

U.S. Core PCE Year-on-Year Rate Came In Below Expectations, Hitting A Six-month Low

The U.S. Core PCE Price Index Rose 0.2% Month-on-month In August, Unchanged From The Previous Month And Slightly Below The Market Expectation Of 0.3%

U.S. Personal Spending Rose 0.9% Month-on-month In August, Versus An Expected 0.80%, While The Previous Reading Was Revised Down From 0.20% To 0.1%

In August, The U.S. Core PCE Price Index Rose 3% Year-on-Year, Below The Expected 3.3%, While The Previous Reading Was Revised Down From 3.30% To 3%