BlockBeats message. On August 27, today, Bitget CFD Chief Analyst Lewis Huang said in a livestream that this week’s U.S. PCE data and the Jackson Hole Global Central Bank Symposium will become the market’s focus. The market will not only look at whether the Federal Reserve adjusts interest rates, but will also pay close attention to how it addresses issues such as inflation staying persistently above the 2% target, elevated long-term Treasury yields, and fiscal pressures.

Lewis Huang noted that if core PCE comes in above expectations, and the Fed signals that it will maintain tight policy or emphasizes its fight against inflation, U.S. Treasury yields and the U.S. dollar may receive support, while rate-sensitive assets such as gold and the Nasdaq 100 could face pressure. Conversely, if inflation data cools and officials’ comments lean toward preserving policy flexibility, the market may reprice future easing expectations, which would be beneficial for gold, non-U.S. currencies, and growth-style equity indices. This PCE data is broadly in line with expectations, and the market’s attention has shifted accordingly to the Jackson Hole Global Central Bank Symposium.

In addition, the Middle East situation and the risks in the Strait of Hormuz may still push up oil prices and inflation expectations. Traders may focus on the U.S. Dollar Index, the yields on U.S. 2-year and 10-year Treasury notes, and the correlated performance of gold and crude oil. After major data releases, it is advisable to wait for further market confirmation of the direction to avoid using high leverage to chase the first wave of moves.