U.S. December PCE Exceeds Expectations; Key Events Ahead

The U.S. Personal Consumption Expenditures (PCE) for December surpassed expectations, according to last week’s data. The Federal Reserve’s meeting minutes revealed significant divisions among members regarding future policy directions. This week, market participants are closely monitoring the implementation of a 15% global tariff by the U.S., Trump’s State of the Union address, and Nvidia’s earnings report, which are expected to influence market dynamics.