Next Week Preview! US CPI Takes Center Stage!

First, the heavyweight US May CPI data arrives on Wednesday night. Market expectations are for the annual rate to surge from last month's 3.8% to 4.2%. Currently, market expectations for a Fed rate hike are increasing. Last Friday's strong non-farm payrolls showed its power, let's see if this CPI will cool the market down or add fuel to the fire. Must pay attention.

Then, at 1 AM Thursday, there is a 10-year US Treasury auction. The results of this auction will also reflect the market's level of concern about inflation. If the results are poor, Treasury yields will surge further.

At 5 AM, Oracle will announce its latest earnings report. As an AI giant, its earnings and future guidance will indirectly affect the tech sector, especially after Broadcom's poor guidance last week. Hoping Oracle can come to the rescue.

Then, the evening PPI also needs attention. Last month's PPI far exceeded expectations and caused market volatility. Let's see how it goes this time.

Also, watch for the European Central Bank's interest rate decision. The market now expects it to raise rates.

Finally, just check the evening initial jobless claims numbers.

Alright, the weekly preview for the coming week will be updated every weekend. Thank you, everyone.

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