US personal income rose 0.4% mom in March, below expectation of 0.4%. Personal spending rose 0.4%, in-line with consensus. Headline PCE accelerated to 2.0% yoy in March, up from 1.7% yoy in February, matched expectations. Core PCE accelerated to 1.9% yoy, up from 1.6% yoy, also met expectations.

From Canada, IPPI rose 0.8% mom in March, above expectation of 0.2% mom. RMPI rose 2.1% mom, above expectation of 0.6%.

Also German CPI was unchanged at 1.6% yoy in April, above expectation of slowing to 1.5% yoy.

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Dollar is steady after the release. Firm, but limited below Friday’s low except versus Sterling.


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