Week Ahead – US PCE inflation and Eurozone CPI data enter the spotlight
From Investing.com: 2024-05-24 07:45:00
Dollar traders are eyeing the core PCE index as US inflation resumes downtrend, potentially prompting renewed rate cut bets.
Eurozone CPI data could solidify expectations for ECB rate cut in June, with softer inflation rates anticipated.
Tokyo CPI numbers and policy plans may complicate BoJ’s summer rate hike decision, while Australian CPIs and Chinese PMIs could impact Aussie bets on RBA hikes.
China PMIs and Canadian GDP figures may move markets as investors assess economic activity and central bank moves.
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