Tonight, the last macro data of this month is released.

If the core PCE month-over-month rate is less than or equal to the expected value of 0.3%, that's a good number.
If it's 0.4%, the market can actually accept it, especially since oil prices have dropped sharply after the signing of the US-Iran memorandum.
If the core PCE month-over-month rate does not exceed 0.2%, or is 0.3% accompanied by a downward revision of the previous value and weakening actual consumption, then risk assets should see a significant rebound.

Even if it exceeds expectations, the market will view it as indicating the peak has passed, and next month will only be better regardless.

Since gold, silver, stocks, and crypto are already under strong pressure from rate hike expectations, if tonight's core PCE month-over-month rate does not exceed 0.2%, or is 0.3% accompanied by a downward revision of the previous value and weakening actual consumption, then gold, silver, stocks, and crypto may see a major rebound.#PCE #PCE数据