❗️PCE forecast at 8:30 PM tonight:

- Core PCE (MoM - month over month): Increased to 0.3%, previously: 0.2%

- Core PCE (YoY - year over year): Reached 2.6%, previously: 2.8%

- There is no specific forecast for overall PCE in this post, but based on trends, it could fluctuate around 2.6%-2.7% if there are no major fluctuations in energy and food prices.

Short-term impact:

- If Core PCE is indeed 0.3% MoM and YoY around 2.6%, this is a "not too surprising" scenario. The market may react neutrally or with slight volatility.

- However, this morning, U.S. stock indices such as the S&P 500 and Nasdaq have declined ahead of the PCE announcement, indicating cautious sentiment.

Crypto may face similar pressure if there are no other positive news.