S&P 500: CTA buying halts at 6,925; selling accelerates below 6,500, UBS says
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Friday, June 27, 2025. The Core PCE Price Index, a key inflation indicator closely watched by the Federal Reserve, takes center stage alongside important consumer sentiment data from the University of Michigan.
Major Economic Events to Watch
• 8:30 AM ET - Core PCE Price Index (MoM) (May): Forecast 0.1%, Previous 0.1%. This crucial inflation measure excludes volatile food and energy prices.
• 10:00 AM ET - Michigan Consumer Sentiment (Jun): Forecast 60.5, Previous 52.2. This index rates the relative level of current and future economic conditions.
Other Important Economic Events to Watch
• 6:30 AM ET - FOMC Member Williams Speaks: Federal Reserve official to deliver remarks on monetary policy and economic outlook.
• 8:30 AM ET - PCE Price Index (YoY) (May): Forecast 2.3%, Previous 2.1%. Measures overall inflation in consumer spending.
• 8:30 AM ET - Personal Spending (MoM) (May): Forecast 0.1%, Previous 0.2%. Indicates changes in consumer spending patterns.
• 10:00 AM ET - Michigan Consumer Expectations (Jun): Forecast 58.4, Previous 47.9. Measures consumer outlook on future economic conditions.
• 11:30 AM ET - Atlanta Fed GDPNow: Previous 3.4%. Provides a running estimate of real GDP growth for the current quarter.
• 1:00 PM ET - Baker Hughes (NASDAQ:BKR) U.S. Rig Count: Previous 438. Important indicator of oil industry activity.
• 4:30 PM ET - Fed Bank Stress Test Results: Reveals the financial health of major U.S. banks and potential changes to capital requirements.
Other Economic Events to Watch
• 8:30 AM ET - Real Personal Consumption (MoM) (May): Previous 0.1%. Measures inflation-adjusted consumer spending.
• 8:30 AM ET - Personal Income (MoM) (May): Forecast 0.3%, Previous 0.8%. Indicates changes in consumer income levels.
• 9:00 AM ET - Dallas Fed PCE: Previous 2.70%. Alternative measure of core inflation.
• 9:15 AM ET - Fed Governor Cook Speaks: Federal Reserve official to provide insights on monetary policy.
• 10:00 AM ET - Michigan 1-Year Inflation Expectations (Jun): Forecast 5.1%, Previous 6.6%. Measures consumer expectations for near-term inflation.
• 10:00 AM ET - Michigan Current Conditions (Jun): Forecast 63.7, Previous 58.9. Assesses consumers’ views on current economic conditions.
• 10:00 AM ET - Michigan 5-Year Inflation Expectations (Jun): Forecast 4.1%, Previous 4.2%. Gauges long-term consumer inflation expectations.
For further information and the latest updates, please refer to our Economic Calendar, here.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
