US PCE Price Index YoY (Mar) Y/Y 3.5% (Prev. 2.8%)
The March YoY PCE Price Index came in at 3.5%, significantly higher than the previous reading of 2.8%.
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
US PCE Price Index YoY (Mar) Y/Y 3.5% (Prev. 2.8%)
ING says "edging towards a BoE hike in June", following BoE meeting (prev. saw no tightening in 2026)
Meta Platforms (META) seeks to raise as much as USD 25bln from its six-part debt sale
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This sharp increase may suggest rising inflationary pressures, which could influence the Fed's policy response and possibly shift market expectations around interest rates. Traders should watch for implications on the USD and broader risk sentiment as this data reflects the ongoing growth-inflation mix.
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