Market Focus on U.S.-Iran Talks and Key Macroeconomic Data This Week

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Huo Xing Finance reports: On June 22, this week’s market focus will primarily center on the progress of U.S.-Iran talks and their subsequent implications. Early Monday, news of the breakdown in U.S.-Iran negotiations triggered a wave of market panic; however, stocks such as SK Hynix subsequently narrowed their losses after opening, easing investor fears. It is foreseeable that this week’s market will continue to closely monitor the U.S.-Iran negotiations and the evolving geopolitical situation. On another front, U.S. PCE data and earnings reports from AI standout stocks like Micron will influence the market’s rational assessment of the AI investment boom. At 04:00 on Thursday, the Federal Reserve will release its annual bank stress test results. At 20:30 on Thursday, U.S. initial jobless claims for the week ending June 20, the annual rate of core PCE price index for May, monthly personal spending for May, the final annualized quarterly rate of Q1 real GDP, the first estimate of Q1 real personal consumption expenditures, the final estimate of Q1 real personal consumption expenditures, the final annualized quarterly rate of Q1 core PCE price index, the monthly rate of core PCE price index for May, and monthly durable goods orders for May will be released. At 03:40 on Friday, William C. Dudley, permanent FOMC voter and President of the New York Fed, will deliver a speech. At 06:30 on Friday, Austan Goolsbee, 2027 FOMC voter and President of the Chicago Fed, will deliver a speech. At 23:30 on Friday, Neel Kashkari, 2026 FOMC voter and President of the Minneapolis Fed, will deliver a speech. The newly listed semiconductor company “NVIDIA challenger,” Cerebras Systems (CBRS), plans to release its Q1 earnings after market close on Tuesday, June 23, 2026, U.S. local time. The market will closely watch this first earnings report since its listing. Market expectations project a Q1 loss of $0.14 per share, supported by a $25 billion order backlog; however, the company also faces risks related to high valuation and execution challenges. Micron Technology (MU), a memory chip manufacturer, will release its quarterly earnings after the U.S. market close on Wednesday, June 24. This report will serve as a key indicator of semiconductor demand trends, allowing investors to assess whether demand continues to accelerate. The company forecasts revenue of $33.5 billion and a gross margin of approximately 81%.

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