Newsquawk Week Ahead: Highlights include US PCE & GDP, BoJ, PMI data
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Next week highlights include the US PCE and GDP data, the BoJ rate decision, Global PMIs, Australian inflation, PBoC LPR and the Bitcoin Halving Event. The Bitcoin halving is an event that occurs approximately every four years in which the reward for mining new blocks is halved. The specific date and time are based on the current average block generation time being maintained at 10 minutes. The PBoC kept its 1-Year Medium-term Lending Facility Rate unchanged at 2.50%. Expectations are for the EZ/UK/US Flash Manufacturing PMI to rise, while the US Q1 GDP is expected to show growth cooling to 2.1%. The BoJ is likely to maintain its policy settings after its monumental policy shift at the last meeting in March. Tokyo’s Core CPI for April is seen cooling to 2.2%. The consensus looks for US headline PCE to rise +0.3% M/M in March. 

#UsPce #UsGdp #Boj #PmiData

https://www.forexlive.com/news/newsquawk-week-ahead-highlights-include-us-pce-gdp-boj-pmi-data-20240421/