The upcoming week is quite critical for the market, with several key data points coming in thick and fast.

On Monday, we need to pay attention to the movements of the Federal Reserve—are there any signs of an end to the quantitative tightening policy? What signals will Powell send? Additionally, the PMI and ISM manufacturing indices will reveal just how weak the real economy is.

By Thursday, the initial jobless claims and trade deficit data will be released one after another, and these two indicators are directly related to the job market and international capital flows.

The real show is on Friday - the PCE inflation data is making its debut. This is the inflation indicator that the Federal Reserve values the most, directly impacting expectations for the next interest rate hike or cut. Once the data is released, various assets are expected to experience significant volatility.

In short, there has been an overload of macro news this week, so it's advisable to manage your positions well and not be caught off guard by the data market movements.