22/06/2026
Weekly Market Outlook (June 22nd β June 26th) π
A data-heavy week ahead, with the Fed's favourite inflation gauge and a wave of global PMIs set to test the "higher for longer" narrative driving the Dollar.
Key Highlights: π
- The Big Focus: Thursday's US Core PCE Price Index β the Fed's preferred inflation measure β alongside Final GDP, Unemployment Claims, and Core Durable Goods Orders.
- Growth Pulse: Flash Manufacturing & Services PMIs on Tuesday, with the Richmond Manufacturing Index to follow.
- Inflation Watch: Canada's CPI on Monday and Tokyo Core CPI on Thursday, with the yen still hovering near intervention territory.
- Central Bank Clues: ECB President Lagarde speaks Monday, setting the tone for the euro early in the week.
- Sentiment Check: Friday rounds off with Revised UoM Consumer Sentiment and Inflation Expectations.
Expect heightened volatility across major currency pairs, gold, and indices. Stay sharp and trade prepared with CPT Markets!
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