Daniel Takieddine: The deviation of PCE data from expectations will trigger significant volatility

ChainCatcher news, according to Jinshi reports, Daniel Takieddine, co-founder and CEO of Sky Links Capital Group, stated in a report that the changes in U.S. Treasury yields are minimal, but if the PCE personal consumption expenditure inflation data deviates significantly from expectations, it could lead to severe market fluctuations. He pointed out that the upcoming U.S. economic data is crucial for interest rate expectations, and investors are taking a cautious stance ahead of next week's monthly employment data release.