On June 22, important events and data forecast for next week:
Monday: Federal Reserve Governor Bowman to speak on monetary policy and banking; the United States begins imposing a 50% tariff on various steel home appliances.
Tuesday: Federal Reserve's Harker to speak on monetary policy; Federal Reserve Chair Powell to deliver testimony on semi-annual monetary policy report to the House Financial Services Committee; Summer Davos Forum to be held until June 26; NATO heads of state and government leaders to hold a summit in The Hague from June 24 to 25, with Trump confirming attendance.
Wednesday: Federal Reserve Chair Powell to testify before Senate committee on semi-annual monetary policy report.
Thursday: US weekly initial jobless claims; US Q1 real GDP annualized quarter-on-quarter final value; US Q1 real personal consumption expenditure quarter-on-quarter final value.
Friday: US May core PCE price index year-on-year; US May personal spending month-on-month; US May core PCE price index month-on-month; US June University of Michigan consumer confidence index final value; US June one-year inflation expectation final value. (Jinshi)
