Economic Calendar Summary - June 26, 2026
Market Overview
On June 26, 2026, the economic calendar is relatively sparse, leading to a potential decrease in trading volume as the week concludes. Investors are currently processing the recent PCE inflation data and hawkish remarks from Federal Reserve officials.
Key Economic Releases
The primary focus for the day includes the University of Michigan's consumer sentiment and inflation expectations reports, along with speeches from Federal Reserve members John Williams and Neel Kashkari. The EUR/USD currency pair is also under scrutiny after falling below the significant support level of 1.14.
Asian Session Highlights
In the Asian session, Japan reported a core CPI reading of 1.6% year-on-year for June, matching market expectations but indicating an acceleration from the previous month's 1.3%. This data adds pressure on the Bank of Japan to consider further interest rate hikes. Additionally, speeches from RBNZ Chairwoman Breman and FOMC Member Goolsbee influenced market sentiment regarding USD and NZD pairs.
Macroeconomic Calendar
- 08:00 Norway: Retail Sales ex-Autos s.a. (m/m) (May) - Actual: -2.1%, Previous: 0.3%
- 08:00 Sweden: PPI (y/y) (May) - Actual: 6.6%, Previous: 4.7%
- 09:00 Sweden: Consumer Confidence Index (June) - Previous: 92.4
- 09:00 Sweden: Manufacturing Confidence Index (June) - Previous: 100.5
- 09:00 Slovakia: PPI (y/y) (May) - Previous: 2.6%
- 10:30 Germany: Speech by Bundesbank Chairman Joachim Nagel
- 14:30 USA: Goods Trade Balance (May) - Consensus: -85.1 bn USD, Previous: -82.4 bn USD
- 16:00 USA: University of Michigan Consumer Sentiment Index (June) - Consensus: 50, Previous: 44.8
- 16:00 USA: Short-term Inflation Expectations (June) - Consensus: 4.6%, Previous: 4.8%
- 16:00 USA: Long-term Inflation Expectations (June) - Consensus: 3.4%, Previous: 3.9%
- 16:30 USA: Speech by New York Fed President John Williams
- 17:30 USA: Speech by Minneapolis Fed President Neel Kashkari
Markets to Watch
- EUR/USD: The major currency pair is expected to react strongly to the US economic data releases, particularly the University of Michigan index and inflation expectations.
- Brent Crude (OIL): Commodity prices are nearing local resistance levels amid geopolitical tensions in the Middle East. The upcoming Baker Hughes report on US rig counts may influence price movements.
- Nasdaq 100 (US100): The tech index is facing downward pressure due to a selloff in major stocks like Apple and concerns over rising costs affecting companies like Microsoft.