366 days ago • Posted by Ajmir Omid
Key data to watch this week #stocks #pce #cpi #trading
The primary event of the upcoming week will be Thursday's PCE price index and Friday's release of the November employment data for the US, as investors hold out hope that the Federal Reserve would soon halt the rate of rate increases. Mid-week comments from Fed Chair Jerome Powell will be widely scrutinized. Data on inflation in the Eurozone and China's PMI will also be monitored amid worries over a rise in COVID cases there.