The economic calendar features several high-profile events over the next five days, giving investors the latest snapshot of the U.S. economy.
Though far removed from earnings season, the final week of June features a pair of corporate results that are sure to keep the markets moving. In terms of monetary policy, Federal Reserve Governors Neel Kashkari and James Bullard will deliver speeches two weeks after the central bank agreed to raise interest rates for the second time in three meetings.
To learn more about the impact of monetary policy on the financial markets, read Rising Interest Rates.
Housing data and a string of Federal Reserve speakers headlined a less active week in the markets during June 19-23. To compare this week’s Market Glance with the previous edition, click here.
The week begins with a spate of economic indicators, including durable goods orders. The monthly report is used to capture demand for manufactured goods meant to last three years or more. Durable goods orders fell 0.7% in April, snapping a four-month winning streak.