There is a good chance that today’s market focus will be more on the upshot of the weekend’s G-7 meeting, and the Singapore summit between President Trump and North Korean dictator Kim Jong Un which is due to begin at 9:00 p.m. ET.
On Wednesday the Federal Reserve will announce if it will raise rates yet again.
Aside from the Fed announcement, there are a lot of other economic reports that bear watching including PPI, retail sales and several consumer reports. For the most part, economic reports have been coming in favorably to command a rate hike, according to Fed members. Quarterly earnings continue to remain slow at least for several more weeks until a new round is ready to report.
- Jun 12: Consumer Price Index
- Jun 12: Treasury Budget
- Jun 13: Producer Price Index
- Jun 13: FOMC Meeting
- Jun 14: Jobless Claims
- Jun 14: Retail Sales
- Jun 15: Industrial Production
- Jun 15: Consumer Sentiment
