PANews reports on June 14 that the Iran conflict suddenly escalated on Friday, and commodities were the first to bear the pressure of ongoing conflicts at market close, with US oil rising about 6% and increasing over 10% this week; spot gold surged nearly $50, strongly stabilizing above the $3,400 mark, rising over 3.7% this week. In the coming week, multiple central banks, including those of the United States, United Kingdom, and Japan, will hold policy meetings, while the Iran conflict continues to escalate this week. Here are the key points the market will focus on in the new week:
Monday at 20:30, US June New York Fed Manufacturing Index;
Tuesday, Bank of Japan to announce interest rate resolution;
Wednesday at 20:30, US initial jobless claims for the week ending June 14;
Thursday at 02:00, Federal Reserve FOMC to release interest rate resolution and economic forecast summary;
Thursday at 02:30, Federal Reserve Chairman Powell to hold monetary policy press conference.
The US monthly retail sales data to be released next Tuesday will be the focus. Investors hope to see whether tariffs have led to price increases, thereby putting pressure on consumer spending. As the 90-day suspension of Trump's series of tariff measures will end on July 8, trade developments are likely to continue to make the market uneasy.
