The Fed’s preferred inflation measure out today

US large-cap equities had another strong day, and the Biden administration wants to strengthen banking regulation. China’s non-manufacturing PMI data release points towards the country’s economic recovery gaining strength. Yet, for trading action today all eyes will be on the release of the Core US PCE Deflator, the US Federal Reserve’s preferred inflation measure, at 14:30 CET. Carsten Menke, Head of Next Generation Research, takes a closer look at gold after it has moved back towards USD 2,000 an ounce as of late.00:14 Introduction by Roman Canziani (Head of Investment Writing)00:34 Markets wrap-up by Mike Rauber (Investment Writing)05:24 Gold in the spotlight by Carsten Menke (Head of Next Generation Research)09:08 Closing remarks by Roman Canziani (Head of Investment Writing)