For anyone looking to trade in a holiday thinned market the wait is on for the Fed’s favored n indicator – core PCE
Consensus is
0.3% m/m vs 0.4% in Feb
2.8% y/y vs 2.8% in Feb
Market will react to a surprise
Those still trading would normally pack it in after the data but Powell speaks 3 hours later.
See our Economic Calfndar
TOKYO, March 28 (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as traders drive down the currency on expectations that any further interest rate hikes by the central bank will be slow in forthcoming.
Explainer: What would Japanese intervention to boost a weak yen look like?
almost as if just-in-time ordered:
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‘High-functioning anxiety’ is trending on TikTok: What it is and 3 signs to look out for”
https://www.cnbc.com/2024/03/28/high-functioning-anxiety-is-trending-on-tiktok-what-it-means.html
I prefer studying AND using it to skin some posipips exploiting the phenomenon
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