📅 Key events of the upcoming week!
Markets will react to developments in the Middle East. I'll be watching more results of interesting companies and many other macroeconomic events.
🏭Monday
Services and Manufacturing PMI (US) - Hints of the pace of economic activity in June.
🏘️ Existing Home Sales - We'll see how the US housing market performs.
🎙 Waller's FOMC speech - Possible comments on the direction of rates and inflationary pressures.
📢 Tuesday
Fed Chair Powell's appearance before Congress - Significant moment of the week. Powell will explain the Fed's stance on inflation and the labor market.
🧠Consumer Confidence Index - An important look at consumer psychology.
📦Results after markets close:
FedEx $FDX - An indicator of global trade and corporate costs.
📢Middle
Powell continues - Second day of speech.
💾Results after markets close:
Micron $MU - Key signal for the semiconductor sector. Will Micron stock continue its wild growth?
📈Thursday
US Q1 GDP - An important indicator of the state of the US economy.
📉 Initial Jobless Claims - Traditional weekly indicator of labor market strength.
🛠 Durable Goods Orders - Industrial demand and business investment sentiment.
👟After market close:
Nike $NKE - Track sales, margins and pace of innovation. Can Nike reverse the share price decline?
🔥Friday
Core PCE inflation data - The most important inflation metric of the week.
What events will you be watching in the week ahead and what do you expect the markets to do in response to the escalating conflict?
It's going to be an interesting week again, but the most memorable will probably be today's stock reaction to the conflict.