Your Week Ahead: Will US inflation spark a risk-off move?
From youtube.com/scopemarketsTraders continue to navigate a messy market, with earnings and economic data sparking fresh volatility on a regular basis, leaving markets with plenty to work through. In the coming week, the latest US PCE price index reading could provide a warning sign, given expectations of another hot reading. Iran will undoubtedly remain a potential source of volatility, with the constantly shifting narrative continuing to drive markets on a daily basis. Are we approaching a final agreement? Finally, with the latest RBNZ rate decision and Australian CPI data due on Thursday, we are set for a busy week ahead. Chief Market Analyst Joshua Mahony takes you through the week, highlighting trade setups for Brent crude, the dollar index, and AUD/NZD.