TC Economic Insight - The Week Ahead (June 12-16)

Using Multi-Stock Trading LLC's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of June 12-16 :

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which economies to focus on:

‍“Heavy-weight” U.S. economic events scheduled for the next week will surely impact global financial markets. 

According to Multi-Stock Trading LLC's "Economic Insight", the U.S. Inflation Rate (to be released on Tuesday, June 13) should slow further to 4.7% on year in May.

And on Wednesday (June 14), the U.S. Federal Reserve is expected to keep its key interest rate unchanged at 5.25%, i.e. a pause to rate-hikes which started in March 2022.

In the past 12 U.S. Inflation Rate reports, EUR/USD rose in 58% of times (7 out of 12 reports) within one hour from the report’s release, marking a trading range of 98.28 pips on average.

Other key economic data include:

Monday (June 12)

Australia's stock market is closed for King's Birthday.

Japan Producer-Price Growth is expected to slow to 4.9% on year in May.

Tuesday (June 13)

Australia Westpac Consumer Confidence Index may rise to 81.5 in June.

U.K. Unemployment Rate is expected to stay at 3.9% in April.

Germany ZEW Economic Sentiment Index may tick down to -12 in June.

U.S. Inflation Rate is expected to slow to 4.7% on year in May.

Wednesday (June 14)

U.K. GDP is expected to grow 0.2% on month in April.

U.K. Industrial Production may edge up 0.1% on month in April.

Eurozone Industrial Production is expected to increase 1.9% on month in April.

U.S. Producer-Price Growth is expected to slow to 2.1% on year in May.

U.S. Federal Reserve may pause rate-hikes, to keep key rate at 5.25%.

Thursday (June 15)

New Zealand GDP is expected to grow 3.0% on year in the first quarter.

Australia Unemployment Rate may stay at 3.7% in May.

Japan Exports could grow 2.1% on year in May.

China Industrial Production is expected to rise 5.0% on year in May.

China Retail Sales are expected to grow 12.0% on year in May.

The European Central Bank is expected to hike its key rate by 25 basis points to 4.00%.

U.S. Retail Sales may grow 0.5% on month in May.

U.S. Industrial Production is expected to grow 0.2% on month in May.

U.S. Philadelphia Fed Manufacturing Index should rise to +3.0 in June.

U.S. New York State Manufacturing Index could improve to -5.0 in June. 

U.S. Initial Jobless Claims are expected to rise to 275,000.

Friday (June 16)

The Bank of Japan is expected to keep its key rate unchanged at negative -0.10%.

U.S. University of Michigan Consumer Sentiment Index may rise to 60.8 in June. 

Happy Trading!

Source: Multi-Stock Trading LLC Economic Insight

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