Key Events to keep an eye on this week! (WC - 24/06/2024)

Let’s take a look at the key news to keep an eye on this week:

Thursday 27th June

Final GDP - 12:30 UTC

GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time. It counts all of the output generated within the borders of a country.

Expected = 1.4%

Previous = 1.3%

Friday 28th June

Core PCE Price Index - 12:30 UTC

This is the change in prices of goods and services excluding energy and food.

Expected = 0.1%

Previous = 0.2%

PCE is a good indication of current inflation throughout the economy. The fed will look closely at these figures and use it to make decisions on their monetary policy.

Let’s see how the market reacts to these events. And let’s have a great week!🤝