US Dollar struggles to capitalize on upbeat data ahead of PCE inflation
Here is what you need to know on Friday, January 27: The US Dollar Index managed to post small daily gains on Thursday following the robust macroeconomic data releases from the US but seems to be struggling to gather further bullish momentum early Friday. The benchmark 10-year US Treasury bond yield holds steady above 3.5% […]
PCE report highlights Friday’s US economic calendar
Core PCE data y/y Inflation and the consumer are the focus of the Fed and the market at the moment and we get a dose of both in Friday’s US PCE report for December. The consensus is for core PCE inflation to slide to 4.4% y/y from 4.7% in what will be a good sign […]
Week Ahead – Highlights include: US PCE & GDP, BoC, Flash PMIs, Aus & NZ CPI
MON: BoJ Minutes (Dec); Australian Flash PMIs (Jan). TUE: Australian NAB Business Confidence (Dec), German GfK (Feb), EZ, UK & US Flash PMIs (Jan), New Zealand CPI (Q4), UK CBI Trends (Jan). WED: BoC Policy Announcement; Australian CPI (Dec/Q4), German Ifo (Jan). THU: CBRT Minutes & Inflation Report (Jan), US Durable Goods (Dec), GDP Advance […]