21:49:51
General Motors (GM.N) CFO: The company is expected to have better execution on electric vehicles.
21:47:09
General Motors (GM.N) CFO: Share buyback will be basically completed within the next 11 months.
21:47:03
Financial website Forexlive commented on U.S. economic data: upward revisions in inventories and government spending explained the reason for the GDP increase. In terms of markets, slowing consumer spending may be the highlight of the report. U.S. budget grocery chain Dollar Tree also lowered its forecast today, emphasizing that low-income consumers are struggling. Both points to a slowdown in consumption ahead, which would end the threat of inflation.
21:37:39
General Motors (GM.N) CFO: It will cut costs by US$500 million in the third quarter and expects to reduce costs by another US$500 million in the fourth quarter.
21:36:29
Spot gold fell by $4 in the short term and is now at $2,039.77 per ounce.
21:35:48
The main coking coal contract fell 4.00% during the day and is now at 2034.00 yuan/ton. The intraday decline of the main coke contract expanded to 3.67%.
21:35:04
Spot palladium fell 3%.
21:32:56
Non-U.S. currencies rose, with EUR/USD rising nearly 20 points in the short term to 1.0989; GBP/USD rising in the short term by about 20 points to 1.2705; USD/JPY falling 40 points in the short term to 147.33.
21:32:00
The core PCE price index in the United States in the third quarter was revised to an annual rate of 3.9%, compared with the previous value of 3.9%.
21:31:55
The PCE price index in the United States was revised to an annual rate of 3.4% in the third quarter, compared with the previous value of 3.4%.
21:31:40
The annualized real GDP of the United States in the third quarter was US$22,506.4 billion, compared with the previous value of US$22,491.6 billion.
21:31:38
The U.S. dollar index DXY fell 15 points in the short term and is now at 102.73.
21:30:59
After the release of U.S. GDP data, spot gold fell by $4 in the short term and is now at $2,040.81 per ounce.
21:30:48
The annualized quarterly rate of U.S. corporate profits in the third quarter was revised to 4.1%, compared with the previous rate of 0.5%.
21:30:27
Spot palladium fell more than 2.00% during the day and is currently trading at $1,039.80 per ounce.
21:30:22
The final U.S. third-quarter sales annualized quarterly rate was revised to 3.7%, compared with the previous value of 3.5%.
21:30:21
The actual quarterly rate of personal consumption expenditures in the United States in the third quarter was revised to 3.6%, which was expected to be 4.00% and the previous value was 4.00%.
21:30:17
The revised annualized quarterly rate of real GDP in the United States in the third quarter was 5.2%, a new high since the fourth quarter of 2021.
21:30:07
The annualized quarterly rate of real GDP in the United States in the third quarter was revised to 5.2%, which was expected to be 5.00% and the previous value was 4.90%.
21:30:02
The monthly rate of U.S. wholesale inventories in October was -0.2%, expected to be 0.20%, and the previous value was 0.20%.