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Week Ahead – US PCE inflation might turn heads as long march to June looms

From xm.com

{video} Markets just got their first acknowledgement by the Fed that it may soon need to begin discussions on tapering. However, further clarification is unlikely to come before the next FOMC meeting in June so as we head into a quiet data week, trading might get even choppier than it has been recently as investors search for more clues on inflation. One such clue will be the latest PCE inflation numbers out of the United States. Otherwise, the only other highlight next week is the Reserve Bank of New Zealand’s policy meeting. Dollar eyes PCE inflation; downtrend intact after taper scare There were two key points to ... (full story)

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  • Category: Fundamental Analysis