What’s Moving the Market This Week?
It’s a shortened trading week in the US, but economic data and Fed commentary could still drive volatility. Here’s what’s on the radar:
1. US Q1 GDP Revision – Thursday
The second estimate of Q1 GDP is due. A strong revision could reaffirm economic resilience, while a downgrade may fuel recession chatter.
2. Core PCE Inflation – Friday
This is the Fed’s preferred inflation metric. Sticky inflation here could push out rate cut expectations, while a cool-down may revive hopes.
3. Fed Speakers – All Week
Multiple Federal Reserve officials, including New York Fed President John Williams, are set to speak. Markets will parse their tone for clues on rate trajectory.
4. Earnings Wrap-Up
While major tech earnings are done, retailers like Costco report this week—providing a window into consumer sentiment and spending strength.
5. Global Macro Moves
China’s latest industrial profits and PMI data may affect sentiment in Asian markets, especially for commodity and export-focused investors.
This content is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor before making investment decisions