Monday Morning Must-Knows - June 23, 2025
Monday Morning Must-Knows by Trading Academy
June 23, 2025
Friday’s Market Moving Data!
This week’s market outlook is packed with key events. Over 240 companies report earnings, including Micron, FedEx, Nike, and Carnival—watch semiconductors closely.
Global PMI reports kick off early Monday, starting in Europe and wrapping with U.S. data at 9:45 AM ET, potentially impacting sentiment. The spotlight, however, is on Fed Chair Jerome Powell’s testimony before Congress—Tuesday before the House and Wednesday before the Senate—where pressure mounts for rate cuts.
GDP data is also due, with forecasts showing a potential dip to 2.1% annualized, signaling economic softening. But the most market-moving event comes Friday with the release of the core PCE inflation data. A reading of 0.1% would support the case for Fed rate cuts later this year, reinforcing expectations of two cuts.
With inflation slowing and growth weakening, this data could be a tipping point for monetary policy direction. While earnings remain light, Powell’s tone and the inflation print will drive the week.
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