Data this week

June 24 (Monday): Speeches by Fed officials may provide the market with clues about the future direction of monetary policy.

June 25 (Tuesday): The Conference Board Consumer Confidence Index for June will reveal how optimistic consumers are about future economic conditions.

June 26 (Wednesday): The total number of U.S. building permits and the annualized total number of new home sales will reflect the activity of the real estate market.

June 27 (Thursday): U.S. GDP data will reveal the pace of economic growth, while initial jobless claims reflect the health of the labor market.

June 28 (Friday): The results of the Fed's banking stress test will assess banks' ability to withstand stress in an adverse economic environment, while the U.S. PCE data is an important indicator of consumer spending and inflation.

What impact will be announced in a small circle