Breaking: US Presonal Spending plunged by 13.6% in April

Personal Spending in the United States declined by 13.6 on a monthly basis in April, the data published by the US Bureau of Economic Analysis showed on Friday.

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Market reaction

Investors don't seem to be paying much attention to these data releases while waiting for US President Donald Trump to host a news conference on China later in the day. As of writing, the US Dollar Index, which tracks the greenback's performance against a basket of six major currencies, was down 0.47% on the day at 98.00.

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