I will analyze the PCE to be released in the evening
The US Department of Commerce will announce the annual rate of the core PCE price index in April
The monthly rate of US personal spending in April and the monthly rate of the core PCE price index in April
Among them, the annual rate of the US core PEC price index in April is the most important
Expected impacts include
The market generally expects that the impact of the US core PEC data will be transmitted to the US dollar index
US Treasury yields and interest rate cut expectations
And may be transmitted to the risk market and cryptocurrency market
The impact of the data is mainly reflected in the previous value of the data being 2.8%, and the forecast value is also 2.8%
If the published value is greater than expected:
It is good for the US dollar
Good for Treasury yields
Good for interest rate hike expectations
Negative for non-US dollar currencies
Negative for interest rate cut expectations
Negative for risk markets
Negative for cryptocurrency markets