- At 12:30 GMT the main data release to look out for:
- Personal Consumption Expenditures for February:
- Headline monthly PCE seen heading from 0.3% to 0.4%.
- Headline yearly PCE is expected to head from 2.4% to 2.5%.
- Core monthly PCE is expected to head from 0.4% to 0.3%.
- The core yearly PCE Index should remain stable at 2.8%.
- The US Goods trade balance for February will also be published after reporting a $91.6 billion deficit in January.
- Personal Income is expected to increase 0.4% in February, slowing from 1% rise seen in January.
- Personal Spending should rise from 0.2% to 0.5%.
- Wholesale Inventories data for February will be released as well. In January, inventories fell by 0.3%..
- Personal Consumption Expenditures for February:
- At 15:15 GMT, Federal Reserve Bank of San Francisco President Mary Daly will kick off the Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference. She will be followed by a statement from Fed Chairman Jerome Powell at around 15:30 GMT.
- Equities will not be moving this Friday with both Europe and US markets closed.
- According to the CME Group’s FedWatch Tool, expectations for the Fed’s May 1 meeting are at 95.8% for keeping the fed funds rate unchanged, while chances of a rate cut are at 4.2%.
- The benchmark 10-year US Treasury Note trades around 4.20%, up from 4.18% earlier this week.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
