The results of this PCE are in line with expectations, and the core PCE results are slightly higher than expected.
This morning, the US stock market (S&P rose 1.6%) also closed higher.
Note: Results lower than expected are favorable, while the opposite is unfavorable; results in line with expectations are neither good nor bad, with little impact.
Market sentiment is gradually recovering, immediately stopping the decline and starting to rebound. Of course, it's hard to say how much it can recover, but at least it can ease market anxiety, indicating that inflation is indeed decreasing.
Everything has fallen back to where it all started; the institutions have a high degree of control over the market.
Now it's the weekend, with low liquidity, which can't be compared to weekdays. Fortunately, Friday's sentiment was good; hopefully, we can get through the weekend steadily without any surprises. There may be significant fluctuations, so be cautious with leverage.