- At 12:30 GMT, the Personal Consumption Expenditures Price Index for August will be released:
- Monthly headline PCE is expected to ease to 0.1% from 0.2% previously.
- Monthly core PCE is expected to grow steadily by 0.2%.
- Yearly headline PCE is expected to grow by 2.3% following the 2.5% increase in July.
- Yearly core PCE is expected to increase by 2.7% after a reading of 2.6% the month before.
- Personal Income should rise by 0.4%, coming from 0.3% in July.
- Personal Spending is expected to fall by 0.2% to 0.3%, coming from 0.5%.
- At 14:00 GMT, the University of Michigan will release its final reading for September:
- Consumer Sentiment should tick up to 69.3, from 69.0 in the first reading.
- The 5-year inflation expectation rate is expected to remain stable at 3.1%.
- Asian equity markets are closing the week with a bang as China heads into the Golden Week on a high note. US futures are flat, while European equities are mildly in the green.
- The CME Fedwatch Tool shows a 51.3% chance of a 25 basis-point rate cut at the next Fed meeting on November 7, while 48.7% is pricing in another 50-basis-point rate cut.
- The US 10-year benchmark rate trades at 3.79%, looking to test the three-week high at 3.81%
风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。
喜欢的话,赞赏支持一下
