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U.S. EconomyIMPORTANT

US Personal Spending (Jul MM) 0.2% vs. Exp. 0.1% (Prev. 0.3%)

StockNow breaking-news AI analysis

US July personal spending rose 0.2% month-over-month, beating 0.1% expectations, while markets priced a 65% probability of the Federal Reserve pausing rate hikes in September.

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Geopolitics

Iranian Army says areas east of the Strait of Hormuz, north of the Indian Ocean, the Arabian Sea, and the Oman Sea are under our operational control, Al Jazeera reports

Geopolitics

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U.S. Economy

US PCE Price Index (Jul MM) 0.2% vs. Exp. 0.1% (Prev. -0.1%)