Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers First a quick word about the week which just passed: as DB''s Jim Reid notes, " I think everyone felt they were swimming in a tsunami of newsflow last week after one of the most incredible macro weeks in recent memory in terms of breadth of events. Yes there have been more extreme weeks in crises but last week had a bit more variety and was outside of a crisis period. If over 500bps of global rate hikes wasn’t enough, you also had 2yr US yields moving higher for the 12th successive day on Friday (the longest steak since data begins in 1976), the BoJ intervening in FX markets for the first time since 1998, and what can only be termed as one of the darker days for sterling assets on record on Friday after a mammoth tax giveaway in what was a mini-budget in name and not by nature." With that in mind, let''s go over the key event overnight, where the right-wing alliance led by Giorgia Meloni''s Brothers of Italy party was set to become the nation’s first woman prime minister after exit polls gave it a clear majority.