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qinbafrank
2 days ago
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Tonight's PCE and core PCE data were lower than expected, especially the core PCE monthly rate of 0.1%, which was much lower than the previous value of 0.3%, which can partially dispel the market's concerns about the continued rebound in inflation. I remembered the ISM non-manufacturing data at 8:30 pm on August 5. At that time, the PMI data that was higher than the previous value and expectations pulled the shaky market back that day.

qinbafrank
@qinbafrank
08-05
ISM非制造业PMI高于前值和预期,美国服务业占GDP超过六成,服务业韧性才能决定美国经济走向,今晚的数据应该能稍微打消一些衰退预期。
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