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This Week’s Key Economic and Crypto Events: US May PCE Due

Minseung Kang

Summary

  • The US will release key indicators this week, including the June S&P Global manufacturing and services PMIs, the final estimate of first-quarter GDP growth, and May personal consumption expenditures (PCE) and the PCE price index.
  • On the corporate earnings front, results are due from FedEx (FDX), Carnival (CCL) and Micron Technology (MU).
  • In the cryptocurrency sector, key events this week include token unlocks for GRAM and Plasma (XPL), along with major scheduled events related to Litecoin (LTC), Starknet (STRK) and Lido DAO (LDO).

Forecast Trend Report by Period

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Photo: Bloomingbit
Photo: Bloomingbit

▶ June 22 (Mon.): △ Federal Reserve Governor Christopher Waller speaks (10 p.m. Korea Standard Time)

▶ June 23 (Tue.): △ US June S&P Global manufacturing PMI, flash reading (10:45 p.m. Korea Standard Time) △ US June S&P Global services PMI, flash reading (10:45 p.m. Korea Standard Time) △ Earnings: FedEx (FDX), Carnival (CCL)

▶ June 24 (Wed.): △ US May building permits (9:30 p.m. Korea Standard Time) △ US May new home sales (11 p.m. Korea Standard Time) △ Earnings: Micron Technology (MU)

▶ June 25 (Thu.): △ US weekly initial jobless claims (9:30 p.m. Korea Standard Time) △ US May durable goods orders (9:30 p.m. Korea Standard Time) △ US first-quarter GDP growth, final estimate (9:30 p.m. Korea Standard Time) △ US May personal consumption expenditures (PCE) and PCE price index (9:30 p.m. Korea Standard Time)

▶ June 26 (Fri.): △ New York Fed President John Williams speaks (4:40 a.m. Korea Standard Time) △ Chicago Fed President Austan Goolsbee speaks (7:30 a.m. Korea Standard Time) △ US June University of Michigan consumer sentiment, final reading (11 p.m. Korea Standard Time)

▶ June 22 (Mon.): △ Litecoin (LTC) Summit Amsterdam (June 22-23) △ Starknet (STRK) v0.14.3 mainnet launch

▶ June 23 (Tue.): △ GRAM token unlock (8:30 p.m. Korea Standard Time) △ Litecoin (LTC) Summit Amsterdam (June 22-23)

▶ June 24 (Wed.): △ Decentraland (MANA) community all-hands

▶ June 25 (Thu.): △ Plasma (XPL) token unlock (7 a.m. Korea Standard Time on June 26) △ Lido DAO (LDO) community call (11 p.m. Korea Standard Time)

▶ June 26 (Fri.): △ No major events

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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