The Bureau of Economic Analysis reported that the Personal Consumption Expenditures (PCE) price index rose by 2.6% year-over-year in May, marking the lowest annual rate of inflation in over three years. According to CNBC, this data, which is closely watched by the Federal Reserve, suggests that inflation is cooling and supports the case for potential interest rate cuts. The core inflation reading is at its lowest since March 2021, moving closer to the Fed's 2% target for the second consecutive month. This development has put a spotlight on the Federal Reserve's next move, as recent economic data indicates a moderation in price gains. Analysts are also paying close attention to the upcoming US jobs report, which is expected to show an increase of 180,000 jobs in June, as it could further influence the Fed's monetary policy decisions.
Analysts expect 14% SPX EPS growth next year https://t.co/DDUy3JPPYo
THE WEEK THAT WAS, ENDING JUNE 28th – ONLY ONE REPORT, ONE UPGRADE – HAPPY JULY 4TH! – with easily accessible relevant transcripts & presentations WRITE-UP AVAILABLE AT: https://t.co/m9Fo8fDDZ1
A Massive Week Of Data May Only Strengthen Market Trends https://t.co/GhJ8R1Vdpl
(US) Goldman Sachs analysts see consensus for Q2 earnings beats set a higher bar than in previous quarters; Consensus expects +9% y/y EPS growth in Q2, which would be the strongest quarterly growth since Q4 2021 (More at https://t.co/pY7xC1y0u0)
NEXT WEEK Monday: *ISM Manufacturing PMI 1OAM Tuesday: *Chair Powell Speech 9:30AM Wednesday: *ISM Services PMI 10AM *FOMC Minutes 2PM *Early Market Closure 1PM EST Thursday: *MARKET CLOSED Friday: *Unemployment Rate 8:30AM https://t.co/D6EqQc7ZKd
⚠ #WeekAhead Preview: Week 27 (2024) ⚠ 🇫🇷 French Election Results 🇺🇸 #Biden To Decide on his Election Future 🇬🇧 U.K. Vote 🇪🇺 🇺🇸 🇦🇺 🇸🇪 #ECB, #FOMC, #RBA and #Riksbank Minutes 🇪🇺 🇨🇳 EU tariffs on #China EVs 🇺🇸 U.S. Employment Report 🇪🇺 Eurozone CPI 🇯🇵 #Japan Tankan ...…
⚠️3 THINGS TO WATCH THIS WEEK ON WALL ST.: 1. U.S. JOBS REPORT 2. POWELL COMMENTS 3. FED MINUTES $DIA $SPY $QQQ $VIX 🇺🇸🇺🇸 https://t.co/ZcZJT2dR9G
Weekly Market View 6-30-24 $SPX https://t.co/p7twej5SCF Plus some trade ideas for members in the radar report. Very quiet week on tap with just 3.5 trading days and pretty much no earnings/analyst days or conferences. All about new Q3 money flows and the Jobs report Fri
⚠️Week Ahead Watchlist – July 1-5: • Monday: ISM Mfg. PMI • Tuesday: JOLTs; Fed Chair Powell Speech; $TSLA Q2 Deliveries • Wednesday: ADP Payrolls, Jobless Claims, ISM Services PMI; Fed Minutes; U.S. Stocks Close At 1PM • Thursday: 4th of July Holiday - U.S. Stocks Closed… https://t.co/ldq5ZmyfNt https://t.co/rqyNqQhVUF
⚠️Week Ahead Watchlist – July 1-5: • Monday: ISM Mfg. PMI; $TSLA Q2 Deliveries • Tuesday: JOLTs, Vehicle Sales; Fed Chair Powell Speech • Wednesday: ADP Payrolls, Jobless Claims, ISM Services PMI; Fed Minutes; U.S. Stocks Close At 1PM • Thursday: 4th of July Holiday -… https://t.co/rqyNqQhVUF
Reminder: US July 4th holiday is this week. NYSE will close early at 1:00 PM ET (1:15 PM ET for eligible options) on Wednesday, July 3, 2024, and remain closed until pre-market open on Friday, July 5, 2024. For CME group schedule...you can check your products here >…
GET READY FOR ANOTHER WEEK AHEAD IN THE STOCK MARKET👀 Here's a catalyst watch to help you get prepared ⬇️🧵
Key Events This Week: 8. Fed FOMC Minutes - Wednesday 9. Independence Day - Thursday (Stocks Closed) 10. U.S. Jobs Report - Friday
Key Events This Week: 1. ISM Manufacturing PMI - Monday 2. Tesla $TSLA Q2 Deliveries - Tuesday 3. Fed Chair Powell Speech - Tuesday 4. JOLTS Job Openings - Tuesday 5. ADP Payrolls - Wednesday 6. Jobless Claims - Wednesday 7. ISM Services PMI - Wednesday
US employment likely held up at a solid-but-moderating pace of 190k in June, with the unemployment rate at 4%, according to @economics consensus. Any signs of weakness might nudge the Fed into cutting rates sooner. https://t.co/9uxB3lMPvj via @DoubleTGolle @CraigStirling https://t.co/vWca6jxe3P
🇺🇸🇺🇸 Key Events This Week: 1. ISM Manufacturing PMI - Monday 2. Tesla $TSLA Q2 Deliveries - Tuesday 3. Fed Chair Powell Speech - Tuesday 4. JOLTS Job Openings - Tuesday 5. ADP Payrolls - Wednesday 6. Jobless Claims - Wednesday 7. ISM Services PMI - Wednesday 8. Fed FOMC… https://t.co/cFX7ncPk8N https://t.co/VwdZRmQcLU
🇺🇸FED SPEAKERS THIS WEEK: • FED CHAIR POWELL (TUES. 9:30AM) • FOMC MEMBER WILLIAMS (WED. 7:00AM) • FED FOMC MINUTES (WED. 2:00PM) • FOMC MEMBER WILLIAMS (FRI. 5:40AM) $DIA $SPY $QQQ $VIX https://t.co/J8vvBqqIhf
Key Events This Week: 1. June ISM Manufacturing PMI data - Monday 2. Fed Chair Powell Speaks - Tuesday 3. JOLTs Jobs Data - Tuesday 4. Fed Meeting Minutes - Wednesday 5. Stock Market Closed - Thursday 6. June Jobs Report data - Friday We have a short but very busy week…
Happy Sunday! *Here Are My #Top5ThingsToKnowThisWeek: 1. U.S. Jobs Report 2. U.S. PMI Surveys 3. Fed FOMC Meeting Minutes 4. Tesla $TSLA Q2 Deliveries 5. Independence Day Holiday *May The Trading Gods Be With You 🙏 $DIA $SPY $QQQ $IWM $VIX https://t.co/8QBxBmWCQa
US employers probably tempered their hiring while wage growth moderated in June, another favorable development for Fed officials seeking more confirmation that inflation is slowing https://t.co/6MdmO24ERa via @economics @DoubleTGolle @CraigStirling @ZSchneeweiss @RosKrasny
ECB gathers in Sintra with France’s election drama overshadowing future rate cuts https://t.co/T1CA4Whb43 via @weberalexander https://t.co/7EhpTVenFY
🇺🇸U.S. ECONOMIC DATA THIS WEEK: • ISM MANUFACTURING PMI (MON.) • JOLTS JOB OPENINGS (TUES.) • ADP PAYROLLS (WED.) • JOBLESS CLAIMS (WED.) • ISM SERVICES PMI (WED.) • FED FOMC MINUTES (WED.) • INDEPENDECE DAY HOLIDAY (THURS.) • NONFARM PAYROLLS (FRI.) • UNEMPLOYMENT RATE… https://t.co/YJ5awaS8eB
Buckle up 🎢 very busy week ahead Mon 🇪🇺EZ PMI mfg rev 🇩🇪GE CPI 🇺🇸US ISM Mfg Tues 🇪🇺EZ CPI 🇺🇸US Powell Wed 🇦🇺AU PMI rev & Retail Sales 🇪🇺EZ PPI 🇬🇧UK PMIs rev 🇺🇸US ADP/ISM Svcs + Fed Minutes Thurs 🇦🇺AU Trade Fri 🇩🇪GE IP 🇪🇺EZ Retail Sales 🇺🇸US NFP 🇨🇦CA Jobs & IVEY
Key Data Points in Upcoming Week. #FOMC #Powell #Lagarde #NFP #Nonfarmpayroll https://t.co/PiPZoXV9ki
Stock Market Next Week: Macro-economic Data, Global Trends Key Drivers, Here's What Analysts Say #StockMarket #MacroEconomics #Global https://t.co/7Xu2UpIoYr
A busy, if holiday-interrupted, week up ahead...elections in France & the UK, plus the ECB's annual Sintra gathering, as well as Friday's jobs report, to keep us on our toes... https://t.co/MxQj061nR1
#US market data: On the global front, investors would be eyeing few economic data from world’s largest economy the US, starting with Fed Williams Speech on June 30, followed by S&P Global Manufacturing PMI Final, ISM Manufacturing Employment, on July 01,
The week ahead for financial markets https://t.co/Gm32byZm3R
Market Closures, June Jobs Data, Fed Minutes, and More to Watch This Week https://t.co/P91hfKTOxy
🌎 #Weekahead | US Employment Seen Moderating Along With Wage Growth - Bloomberg https://t.co/RT0FwoqjtJ https://t.co/024gGASkyS
#MarketsWithMC | 📊 Sector-specific movements are anticipated amid budget-related buzz next week. Here are the 10 key factors to watch. 👇 https://t.co/C2PWF8CpP9 #StockMarket #Trading #UnionBudget
US #inflation is slowing - fueling expectations of interest rate cuts - #inflation unlikely to accelerate as it did earlier this year, chart @WSJecon https://t.co/Fdn6PbZz8x https://t.co/XI3M20c0Cc
#Global Cues On the global front, the rise in US jobless claims and weak housing data have raised expectations of a rate cut in September. For the week ahead, focus will be on the release of US & Indian manufacturing PMI data and the FED Chair’s speech.
What to watch in the world economy this week https://t.co/Snu7GOCPV1 via @CraigStirling https://t.co/uQJMxa8nga
#Inflation cools in US and several European countries in recent readings, offering encouraging signs that central banks in the regions can lower interest rates.
Here's what to be ready for this week 👇 Monday: -US manufacturing PMI June Tuesday: -US JOLTs data May -Powell speech -ECB president Lagarde speech Wednesday: -US services PMI June -FOMC minutes Friday: -US non-farm payrolls + unemployment June
It’s a short but busy week ahead in the markets https://t.co/AqhToKrvrB
Newsquawk Week Ahead: French & UK elections, US ISM & NFP, EZ CPI, FOMC Minutes https://t.co/OwYbQYsiU6
US employers probably tempered their hiring while wage growth moderated in June, another favorable development for Fed officials seeking more confirmation that inflation is slowing https://t.co/R4w9AlI5to
What happened to the global economy this week — in charts https://t.co/w4DBWk0xEJ via @economics @MollySmithNews @DoubleTGolle
⚠ Top 10 Macro/Financial Charts of the Week – w26 (2024) ⚠ *HT @MikeZaccardi, @GunjanJS, @lisaabramowicz1, @MacroCharts, @NickTimiraos, @StephaneDeo, @fwred #SPX #Stocks #Options #Volatility #usdebate #Inflation #France https://t.co/DCTvud4ZLG
🇺🇸 The Federal Reserve's preferred inflation tracker shows cooling prices. Here's the impact on rates. https://t.co/7po3TOjWss
Slowing U.S. Inflation Fuels Expectations of Interest Rate Cuts https://t.co/cZk9k56TQ7 via @WSJ
Global Markets – Weekly Review 10 More progress on core views and signals – and a big shift potentially underway. 70 updated Charts & Commentary on all major Markets — for your weekend reading: 🔗https://t.co/dglatcNK9u https://t.co/Z1EOmiiQRT
4th of July in the US, markets are closed Thursday + we have a brand new jobs report out Friday, both coming with plenty of their own fireworks 🎆🎇 https://t.co/Iv67Ue4UKR
What happened to the global economy this week — in charts https://t.co/ChmTk9KAkG via @MollySmithNews https://t.co/Z813YvbLJU
What happened to the global economy this week — in charts https://t.co/e7pIgIllGR
The Q2 earnings season officially kicks off on July 12 when the banks report, sneak preview below of the first three weeks. Note: companies marked with an * are currently unconfirmed. Watch for: $JPM, $META, $GOOGL, $TSM, $TSLA, $V, $MA, $ASML, $NFLX, $JNJ, $INTC, $T, and more https://t.co/kiio5y32Xj
#Key Expectations for Q2 #Earnings https://t.co/lR3Zwe1CoH
Market Alert | USA: Inflation in May slowed to its lowest annual rate in more than three years https://t.co/SPf7wHeon6
The monthly US jobs report comes out Friday, July 5th. Economists are forecasting an increase of 180,000 jobs in June. That and more stories to watch in business and finance in the coming week https://t.co/AeHFgOJg7f
WATCH: The monthly US jobs report comes out Friday, July 5th. Economists are forecasting an increase of 180,000 jobs in June. That and more stories to watch in business and finance in the coming week https://t.co/z3HhLkqseW
Fed's Favored Inflation Index Slows, Paving Way For Possible Rate Cuts https://t.co/AiedX64shj
From election fever in France and Britain to the jobs report in the US, these are the stories to watch in business and finance in the coming week https://t.co/mtVohUVyaK
WATCH: From election fever in France and Britain to the jobs report in the US, these are the stories to watch in business and finance in the coming week https://t.co/KqnXqJJX9J
New: The Week in Charts 📈 https://t.co/bHA4yuym1M
The Federal Reserve's preferred inflation gauge fell to 2.56 percent in May, getting closer to the Fed's 2 percent target for the 2nd month in a row. Core inflation reading is lowest since March 2021. https://t.co/5YfCx5tOOf
The Fed’s Favored Inflation Gauge Just Slowed, Supporting the Case for a Cut https://t.co/CK4NHLycSv
-French elections -ECB Forum -Boston Pops Here's what to watch next week https://t.co/rd0T5uDfVe https://t.co/dLSV1wZGg4
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation. https://t.co/9rARFakc63
Wall St Week Ahead Jobs, inflation data may break the US Treasury market out of narrow range https://t.co/GcuC2Ydbba https://t.co/4viAwMNvoy
Recent economic data has shown signs of inflation cooling down and putting a spotlight on the fed's next move. @MichaelSantoli lays out the current tightness of the fed's monetary policy. https://t.co/A7LKfIpgby
🚨 Bureau of Economic Analysis PCE = + 2.6% YoY “An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years,” according to CNBC. Compare: https://t.co/c3D5lum639