🔥 PCE Alert: Market React Time! 🔥
Tonight, all eyes are on the PCE Inflation report. 📊 If the number rises, it will increase the chances of the Fed holding interest rates in December. The estimate is that PCE could rise to 2.3%. But if it jumps to 0.2% straight away, it could be a burden for the Fed in the future.
What's the Impact?
🔹 Short term: The market will most likely continue to correct in the New York session tonight.
🔹 Long term: More liquidity could be distributed to China, but the initial effects will be felt first in the market before the adjustment occurs.
FYI, the probability of a rate hike has now risen to 66.3%. If the PCE rises, this chance could go back down, and the market will definitely react immediately.
What to watch:
📈 How the New York market responds to this data.
💡 Remember, this is just the beginning—the market will still adjust!
📌 Ready for action or wait and see? Let's discuss your predictions!