Important Events and Data Preview of the Week: Summer Davos, U.S. Core PCE, NVIDIA Shareholders’ Meeting
On June 22, the important events and data preview of the week are as follows:
1. Monday:
① Data: One-year loan market quotation rate in China as of June 22; Canada’s May CPI monthly rate.
② Event: European Central Bank President Lagarde delivers a speech at the European Parliament.
2. Tuesday:
① Data: France, Germany, and the eurozone’s June manufacturing PMI preliminary values; the UK’s June manufacturing and services PMI preliminary values, the UK’s June CBI industrial orders gap; the U.S. ADP employment change for the week ending June 6, the U.S. S&P Global Manufacturing PMI preliminary value for June, the U.S. S&P Global Services PMI preliminary value for June, and the U.S. Richmond Fed Manufacturing Index for June.
② Event: The 17th Summer Davos Forum will be held in Dalian from June 23 to 25; MSCI announces the results of its annual market classification review, and South Korea is expected to be added to the developed market watchlist; the 2026 Volcano Engine Power Conference will be held until June 24; and Bank of Canada Governor McLeod will deliver a speech.
③ Holiday: NYMEX July crude oil futures will be affected by position rollover on June 23rd. The last on-floor trading will be completed at 2:30 PM, and the last electronic trading will be completed at 5 AM. Please pay attention to the trading venue’s announcement on position rollover to control risks. Additionally, some trading platforms typically close their WTI contracts one day earlier than NYMEX’s official closing time, so please be extra vigilant.
3. Wednesday:
① Data: Australia’s May unadjusted CPI annual rate.
② Event: The Bank of Japan announces the summary of opinions of the monetary policy committee members at its June meeting.
4. Thursday:
① Data: Australia’s May adjusted unemployment rate; the U.S. initial jobless claims for the week ending June 20, the U.S. core PCE price index annual rate for May, the final value of the U.S. core PCE price index annualized quarterly rate for the first quarter of 2022, the U.S. core PCE price index monthly rate for May, the U.S. durable goods orders monthly rate for May, and the U.S. EIA natural gas inventories for the week ending June 19.
② Event: NVIDIA holds its annual shareholders’ meeting; the Bank of Canada announces the minutes of its monetary policy meeting; the Federal Reserve announces the results of its annual bank stress test; Bank of Japan Governor Haruhiko Kuroda attends a central bank lecture event hosted by the International Monetary Fund (IMF); and Micron Technology holds its fiscal 2026 third-quarter earnings conference call.
5. Friday:
① Data: The expected final value of the U.S. June one-year inflation rate.
② Event: FOMC permanent voting members, New York Fed President William Dudley, Chicago Fed President Charles Evans, and Minneapolis Fed President Neel Kashkari deliver speeches.
③ Holiday: The National Stock Exchange of India is closed for one day.
6. Saturday:
① Data: The total number of oil rigs in the U.S. as of June 26.
7. Sunday:
① Event: RBA Governor Lowe delivers a speech.