Key U.S. CPI, Core PCE and UK GDP Data in Focus Amid Rising Stagflation Risks

ChainThink noted that on March 7, escalating tensions in Iran and uncertainty over future developments drove sharp market swings, while recent figures point to the Federal Reserve facing both higher inflation and weaker employment, raising stagflation concerns. Key data releases in the coming week include U.S. February New York Fed one-year inflation expectations on Monday at 23:00 Beijing Time, U.S. February unadjusted CPI and core CPI year-over-year along with seasonally adjusted monthly CPI and core CPI on Wednesday at 20:30, and UK January monthly GDP, manufacturing and industrial output, plus the seasonally adjusted goods trade balance on Friday at 15:00. ChainThink also highlighted Friday 20:30 releases of the U.S. Core PCE Price Index annual and monthly rates, U.S. personal spending monthly rate, revised U.S. Q4 real GDP annualized quarterly rate and durable goods orders monthly rate, followed at 22:00 by U.S. January JOLTS job openings, March preliminary one-year inflation expectations and the University of Michigan consumer sentiment index. Stronger-than-expected monthly core CPI and core PCE readings may bolster the U.S. dollar, while weaker data could pressure the dollar and support a rebound in spot gold, and Oracle (ORCL.N) is scheduled to report earnings after the U.S. market close on Tuesday, Jin10 reports.