Stocks Week Ahead: Key Inflation Data to Decide Market's Next Move

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

Nasdaq 100 Berita

S&P 500,US Dollar Index Futures,United States 2-Year

Market Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, US Dollar Index Futures, United States 2-Year. Read Michael Kramer's latest article on Investing.com

It will be a holiday-shortened trading week, with markets in the US Closed today for Memorial Day. We had some typical holiday-like price action on Friday, with light trading volumes and the typical implied volatility selling that you tend to see ahead of a three-day weekend.is expected to increase by 0.2% m/m, down from 0.3% in March, and rise by 2.8% y/y in line with March. Right now, the estimates seem pretty mixed between the 0.2% and 0.

Even if the number were to come in at 0.24%, or the surveyed average of 0.25%, the 3-month annualized rate of change for core PCE would dip to about 3.4%, down from 4.4%, but still higher than the 2.2% annualized rate from June to September and the 1.5% rate from September until December. Oil is on the radar this week after it tested support and bounced off $76 last week. Also, the RSI has formed a bullish divergence, with a higher lower on the RSI and a lower low on the price. We probably need to see it clear the $80 to have greater confidence that a change in trend has occurred.data, which matters significantly because it tends to lead the CPI OER index by around 18 months.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 450. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stocks Set to Face Headwinds as September Rate Cut Hopes FadeStocks Analysis by Michael Kramer covering: USD/CAD, Nasdaq 100, S&P 500, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Markets Are Positioned for a Massive Move Post Nvidia EarningsStocks Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, CBOE Volatility Index. Read Michael Kramer's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Stocks Keep Inching Higher Despite Liquidity Drain: What to Watch Out for TodayStocks Analysis by Michael Kramer covering: S&P 500. Read Michael Kramer's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Stocks Ripe for a Healthy Correction as Bullish Momentum WanesStocks Analysis by Michael Kramer covering: S&P 500, Arm Holdings ADR. Read Michael Kramer's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

High Stock Valuations May Trigger a Short-Term Market CorrectionStocks Analysis by Michael Kramer covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Michael Kramer's latest article on Investing.com
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »