US PCE Inflation Rises to 3.6% as Real Consumer Spending Stalls

US PCE Inflation Rises to 3.6% as Real Consumer Spending Stalls

US headline PCE inflation accelerated from 3.4% to 3.6% y/y in September, matching market expectations, while monthly inflation increased from 0.3% to 0.5%. Core PCE inflation also edged higher from 3.0% to 3.1% y/y, in line with consensus, although the monthly rate held steady at 0.3%. The figures indicate that headline price pressures intensified while…

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56-year-old Hyderabad doctor duped of Rs 1.21 crore in forex trading scam using fake video of Union minister

56-year-old Hyderabad doctor duped of Rs 1.21 crore in forex trading scam using fake video of Union minister | Hyderabad News

Hyderabad: A 56-year-old doctor from Malkajgiri lost over Rs 1.21 crore to fraudsters in an online investment fraud.On the complaint of the victim, a cheating case was registered by Malkajgiri police.The complainant told police that on Aug 11, he saw an advertisement on Facebook in which a Union minister was promoting an investment scheme. The…

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Line chart of WPP daily closing share price in pence from late July to 28 October 2026, showing a jump in early August and a peak on 16 October

WPP Shares Higher After Q3 Update Narrows Decline

WPP (LSE: WPP), the advertising and marketing group, reiterated its full-year guidance in its third-quarter update today, and its shares rose at the open. Revenue less pass-through costs fell 2.1% on a like-for-like basis, against a 4.7% fall in the first half. The shares opened at 400.0p, against yesterday’s close of 384.2p, and touched 402.2p….

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Technical Analysis of US Crude, XAUUSD and EURUSD for Today (October 29, 2026)

Technical Analysis of US Crude, XAUUSD and EURUSD for Today (October 29, 2026)

2026.10.29 2026.10.29 Short-Term Analysis for Oil, Gold, and EURUSD for 29.10.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold tested resistance A…

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Gold Barely Reacts to Fed Hold — Is a Break Below $3,975 Coming?

Gold Barely Reacts to Fed Hold — Is a Break Below $3,975 Coming?

TL;DR: Gold traded around $4,040 Thursday, showing little lasting reaction to the Fed’s expected hold at 3.75–4.00%—even after Governor Lisa Cook’s surprise dissent for an immediate hike. With December tightening already 88% priced, today’s US Q3 GDP and PCE inflation data are the next real catalyst for whether $3,975.49 support holds or gives way toward…

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Daily Summary: Oracle drives the market higher, dollar weakens following Fed meeting (28.10.2026)

Daily Summary: Oracle drives the market higher, dollar weakens following Fed meeting (28.10.2026)

Investors eagerly awaited today’s Federal Reserve meeting. However, it brought few major surprises—not least regarding the interest rate decision itself, with rates maintained within the 3.75-4% range. Perhaps the most intriguing aspect of today’s decision was the vote split (10–2), specifically the dissent of Lisa Cook, who was “dismissed” by Donald Trump last year (in…

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