#PCE

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