Mr. Fibs - 6/10/24 Market Analysis

WWDC, Inflation Data and FOMC this Week

Good morning traders and investors. Last week, I covered a majority of my short term outlook for the indices so today will just be a remind of the events we have this week as well as a slight update to the levels.

Economic Calendar

MONDAY, JUNE 10

None scheduled

TUESDAY, JUNE 11

6:00 am NFIB optimism index

WEDNESDAY, JUNE 12

8:30 am Consumer price index

8:30 am CPI year over year

8:30 am Core CPI

8:30 am Core CPI year over year

2:00 pm FOMC interest-rate decision

2:00 pm Monthly U.S. federal budget

2:30 pm Fed Chair Jerome Powell press conference

THURSDAY, JUNE 13

8:30 am Initial jobless claims

8:30 am Producer price index

8:30 am PPI year over year

8:30 am Core PPI

8:30 am Core PPI year over year

FRIDAY, JUNE 14

8:30 am Import price index

8:30 am Import price index minus fuel

10:00 am Consumer sentiment (prelim)

Levels and Analysis