Stocks and data to monitor

The federal reserve held stable interest rates last week and reported two possible discounts by the end of the year, – although the consensus seemed to shrink, with a more bellicist feeling. The grocer also underlined the gains of his private brand strategy, although the leaders noted that the wider macroeconomic environment remains uncertain.

Meanwhile, geopolitical tensions are only increasing while the Israel-Iran war takes place in a second week, the United States joining the fray on Saturday with attacks against Iranian nuclear installations.

This week, investors will examine the president of the congress of the president of the federal reserve, the gauge of the inflation of the PCE and the revenues of Fedex, Micron, Nike, Walgreens, etc.

Here is what to look at this week.

Monday June 23

Monday brings Flash PMI of Global S&P for June, offering an early overview of the way in which manufacturing and services are resisting relatively high interest rates. Sales of new houses for May will highlight if the demand for housing is stabilized in the middle of the same trends, including relatively high mortgage rates. On the business side, the profits reports are leaving a small handful of companies, including Factst, Metals Commercial and KB.

Tuesday, June 24

Tuesday will see Powell pronounce a semi-annual testimony of the congress. It will also provide the publication of the June confidence index of the Conference Board, widely planned to reflect the current discomfort on inflation and trade policy. The S & P / Case-Shiller price index for April will offer residential housing for a moment, and on the profits front, the results of Fedex and Carnival should offer an overview of global shipping demand in the midst of commercial wars and travel appetite among Americans with intermediate income.

Wednesday June 25

On Wednesday, new data on house sales for May will highlight the requests of buyers and inventory conditions. On Wednesday also brings new data on commercial investment trends with the publication of Mayy sustainable goods orders, an important indicator of business and infrastructure business expenses.

The benefits of Micron technology will provide an overview of the demand for semiconductors and the rhythm of the Boom of Data Centers on AI. Expect Paychex, General Mills, Winnebago and Levi Strauss & Co also.

Thursday June 26

Thursday brings a dense range of economic indicators, at the top of the final estimate of GDP in the first quarter. The second estimate has already shown a contraction of 0.2%, and any revision could cement the concerns that the economy tripped more than expected at the start of the year.

The Mayy sustainable goods orders will offer a window on commercial investment trends, while the national index of the activities of Chicago Fed was measuring a wide economic momentum. Additional reports on the trade balance of goods, large stocks and sales of pending homes will help flesh out the image. The unemployed weekly complaints will also be to the point while analysts ensure any crack on the job market.

On the company side, Nike and Walgreens will publish profits, providing an overview of shoes, shampoo and pharmaceutical demand.

Friday June 27

Friday ends the week with the publication of the Basic PCE price index for May, the FED preferred inflation gauge and a key contribution for future rate decisions. Personal income data and expenses will show whether consumers feed growth or retreat. The final reading of the University of Michigan on the feeling of consumers is also in June.