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US and Asian equity markets ticked higher overnight

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Market Movers In the US monthly PCE inflation data for November are due. We estimate PCE core inflation was 0.1% m/m in November, taking the annual growth rate to 1.4%, although we admit it is a close call between 1.3% and 1.4%. We estimate headline PCE inflation was +0.1% m/m (0.5% y/y). There is no doubt the Fed would still very much like PCE core inflation to move higher and we believe this is an important reason why the Fed would like to hike slowly. In the UK , the third estimate of GDP

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