Markets Turn Defensive Ahead of April PCE Release

Thursday’s PCE report is now the main macro event for global markets. Core PCE is expected at 0.28% month-over-month and 3.3% year-over-year. On the other hand, Headline PCE estimates sit at 0.44% monthly and 3.8% annually, according to median forecasts shared by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos. If the numbers land […] Read The Full Article Markets Turn Defensive Ahead of April PCE Release On Coin Edition.