Next Week Outlook: Federal Reserve Minutes and PCE Data to Make a Big Impact; Supreme Court May Issue Ruling on Trump's Tariffs

BlockBeats News, February 15 — The global markets will迎来“Data Bombing” week next week. The Federal Reserve will release the January monetary policy meeting minutes at 3:00 AM on Thursday, with markets seeking more clues about the interest rate cut path in 2026; on Friday at 9:30 PM, the US Q4 GDP preliminary figures and core PCE price index will be released, becoming focal points. As the Fed’s preferred inflation indicator, if the PCE reading exceeds expectations, it could influence the pace of policy easing within the year.

On the central bank front, multiple Federal Reserve officials will speak intensively, the Reserve Bank of Australia will publish its meeting minutes, and the Reserve Bank of New Zealand will release its interest rate decision. Markets generally expect the New Zealand RBNZ to hold steady, while the RBA may emphasize upside inflation risks.

In terms of asset performance, spot gold remains volatile at high levels, rebounding after a significant decline earlier in the week; crude oil prices surged then retreated amid reports that OPEC+ may resume production increases in April; the US dollar’s movement is a key variable—if it does not hit new lows, it may maintain relative strength amid upcoming tariff rulings. Meanwhile, US Treasury demand is heating up, potentially triggering a new round of asset reallocation.

Major events include the United States Supreme Court releasing opinions on February 20, including a ruling on Trump’s “Day of Liberation” tariff policy. An unfavorable ruling could significantly impact related tariffs and influence global trade and market sentiment.

On the corporate front, earnings season is winding down. Walmart will announce its fiscal Q4 results, with key focus on e-commerce growth, AI applications, and tariff impacts. Its guidance could significantly influence retail and overall market sentiment.