Market Preview: NFP and PCE inflation eyed for vital clues after a neutral Powell

A crucial data week lies ahead as the latest PCE inflation figures are due on Thursday, while on Friday, the August NFP report will mark the end of summer. Both reports will be released at 12:30 GMT. The upcoming numbers look set to attract even more attention than usual this time after
Fed Chair Jerome Powell struck a finely balanced tone when he addressed the Kansas City Fed’s economic symposium at Jackson Hole, Wyoming, on Friday. With the US dollar trading near 12-week highs, will the data bolster expectations for further rate hikes or dampen them?

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