Next Week Outlook: Fed Minutes and PCE Data in the Spotlight, Supreme Court May Speak on Trump Tariff Case

BlockBeats News, February 15th, the global market will welcome a "data bombardment" week next week. The Fed will announce the minutes of the January monetary policy meeting on Thursday at 03:00, and the market will look for more clues about the rate cut path in 2026; the advance GDP for the US fourth quarter and the core PCE price index, to be released on Friday at 21:30, will be the focus as the Fed's preferred inflation gauge. If the PCE reading is higher than expected, it may affect the pace of policy easing throughout the year.

On the central bank side, several Fed officials will speak intensively, the RBA will release meeting minutes, and the RBNZ will announce its rate decision. The market generally expects the RBNZ to stand pat, while the RBA may emphasize the upside risks to inflation.

In terms of asset performance, spot gold remains volatile at a high level, surging during the week after a sharp fall and rebounding to close higher; crude oil retreated after a spike, with market rumors suggesting OPEC+ may resume production increases in April; the US dollar's trend becomes a key variable, and if it does not hit a new low or maintains relatively strong amid the approaching tariff decision. Meanwhile, increased demand for US Treasuries may trigger a new round of asset reallocation.

On the major events front, the Supreme Court of the United States will issue opinions on February 20th, including a case ruling on Trump's "Liberation Day" tariff policy. If the ruling is unfavorable or has a significant impact on related tariff measures, it could affect global trade and market sentiment.

On the corporate side, the earnings season is coming to an end. Walmart will announce its fourth-quarter fiscal year performance, with the market focusing on key indicators such as e-commerce growth, AI applications, and tariff impacts. Its guidance may have a significant influence on retail and overall market sentiment.