This Week's Macro Outlook: Fed Minutes and PCE Data Release, Supreme Court May Issue Ruling on Trump's Tariffs

BlockBeats News, February 16 — The global markets will enter a “data bombardment” week this week. The Federal Reserve will release the minutes of the January monetary policy meeting at 3:00 AM on Thursday, with markets looking for more clues about the interest rate path in 2026; on Friday at 9:30 PM, the US Q4 GDP preliminary estimate and core PCE price index will be released, becoming focal points. As the Fed’s preferred inflation indicator, if the PCE reading exceeds expectations, it could influence the pace of policy easing within the year.

On the central bank front, multiple Federal Reserve officials will speak intensively, the Reserve Bank of Australia will publish meeting minutes, and the Reserve Bank of New Zealand will release its rate decision. Markets generally expect the Reserve Bank of New Zealand to hold steady, while the Reserve Bank of Australia may emphasize upside inflation risks.

In terms of asset performance, gold prices slightly declined on Monday; reports suggest OPEC+ may resume production increases in April; the US dollar’s movement remains a key variable. If it does not hit new lows, it may maintain relative strength amid upcoming tariff rulings. Meanwhile, US Treasury demand is heating up, potentially triggering a new round of asset reallocation.

Major events include the U.S. Supreme Court releasing opinions on February 20, including a ruling on Trump’s “Day of Liberation” tariff policy. An unfavorable ruling could significantly impact related tariffs and influence global trade and market sentiment.

On the corporate side, earnings season is nearing its end. Walmart will announce its Q4 fiscal year results, with key focus on e-commerce growth, AI applications, and tariff impacts. Its guidance could significantly influence retail and overall market sentiment.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Spot Brent crude oil breaks through $140 per barrel, hitting a new high since 2008

On April 2, the spot price of Brent crude oil broke through $140 per barrel, reaching the highest level since 2008, mainly due to a shutdown of the Strait of Hormuz that disrupted global oil supply. This supply crisis put refineries under immense pressure, driving a sharp rise in crude oil prices over a short period of time.

GateNews1h ago

Citigroup expects the Q2 Brent crude benchmark scenario average price to be $95 per barrel; in the bullish scenario, it could reach $130 per barrel

Gate News update, April 2, Citibank released an oil market outlook report, expecting that in the base case scenario for the Brent crude (the international benchmark oil price) in the second quarter of 2026, the average price would be $95 per barrel; in the bullish scenario, it would be $130 per barrel. The report noted that global oil supply may be short by 4.4 million barrels per day; if some Gulf countries refuse to agree to Iran’s so-called “transit fee,” the supply shortfall could widen to 8 million barrels per day.

GateNews4h ago

The IMF projects that the U.S. economic growth rate will rise to 2.4% in 2026, and that core PCE inflation in the first half of 2027 will fall back to 2%.

Gate News report, April 2, the International Monetary Fund (IMF) released its latest forecast, expecting the U.S. economic growth rate to rise to 2.4% in 2026. The IMF said that as the effects of tariffs fade and oil prices decline, core personal consumption expenditures (PCE) inflation is expected to fall back to 2% in the first half of 2027.

GateNews5h ago

U.S. initial jobless claims for the week ending March 28 were 202,000, below expectations of 212,000.

Gate News: In the latest update, the number of initial jobless claims in the U.S. for the week from March 28 to April 2 was 202,000, below the market expectation of 212,000. The previously reported figure was revised from 210,000 to 211,000.

GateNews6h ago

U.S. Challenger layoffs rose to 60,620 in March, up 25.5% month over month

Gate News message: On April 2, the U.S. March Challenger job-cut report (Challenger Job-Cut Report, a leading indicator for the U.S. employment market) showed that the number of layoffs in the month was 60,620, compared with a prior value of 48,307, rising 25.5% month over month. At the same time, the March Challenger firm layoffs year-over-year rate was -78%, versus a prior value of -71.90%, with the year-over-year decline widening.

GateNews6h ago
Comment
0/400
No comments