📢 XT Research Institute reminds: The U.S. Department of Commerce will release the annual rate data of the core PCE price index in June at 20:30 on July 26, 2024 (Singapore time). The market expects that the data will have an impact on the US dollar index, U.S. Treasury yields and interest rate cut expectations, and may affect the risk market and cryptocurrency market.
📊 The previous value of the data was 2.6%, and the forecast value was 2.5%. If the actual published value is lower than expected (such as 2.3%), it may be bearish for the US dollar and bullish for the cryptocurrency market.
💬 What do you think? Feel free to share your views in the comment section!