Key facts
- US jobless claims, mortgage rates, and corporate earnings are key focuses for June 4th.
- Swiss inflation data (CPI Y/Y and Core Y/Y) is scheduled for release.
- US Initial Jobless Claims are expected at 215K, and Continuing Claims at 1780K.
- ECB President Lagarde, Fed's Barkin and Bowman, BoE Governor Bailey, and Fed's Daly are scheduled to speak.
On June 4th, investors are focusing on key economic indicators including US jobless claims, mortgage rates, and corporate earnings reports. In the European session, Swiss inflation data (CPI Y/Y and Core Y/Y) is set to be released, with expectations of 0.7% and 0.3% respectively. However, the market reaction is anticipated to be muted as the data is unlikely to alter the Swiss National Bank's policy stance. During the American session, US Initial Jobless Claims are projected to remain stable at 215K, with Continuing Claims expected at 1780K. This data has supported a strengthening labor market, leading the Federal Reserve to concentrate on inflation. Several central bank speakers are scheduled, including ECB President Lagarde at 08:00 GMT, Fed's Barkin at 12:30 GMT, Fed's Bowman at 14:00 GMT, BoE Governor Bailey at 15:40 GMT, and Fed's Daly at 17:10 GMT.