Recent market turbulence and fears of a banking sector meltdown have certainly added to the calls for terminal rates.

But will inflation allow them?

The Federal Reserve and traders alike will pay very close attention to Friday’s core PCE numbers, as will the Swiss National Bank to their inflation data on Friday.

US GDP announcement is also expected on Thursday, how will the numbers impact the markets and what can investors expect?

On the Bigger Picture, Willie Keng finds out more from Oriano Lizza, Sales Trader at CMC Markets.