Will Europe's Election Shift Trade Power? - MMMK 061024

This week, Europe is holding parliamentary elections across 27 countries to fill 720 seats, potentially shifting the balance of power and affecting publicly traded companies and trade relations. Results are expected by Monday. In the U.S., it's a quiet earnings week with notable reports from Oracle, GameStop, Aurora Cannabis, Broadcom, Lenar, and Adobe, whose AI integration is noteworthy.
Inflation data releases include the Consumer Price Index (CPI) on Wednesday and the Producer Price Index (PPI) on Thursday, both critical for market reactions.
The Federal Reserve's rate decision is also on Wednesday, with a 99% chance of maintaining the current 5.5% rate. Key focus will be on Jerome Powell's press conference at 2:30 p.m. (ET) for insights on inflation and future rate adjustments. Japan's rate announcement on Thursday, expected to stay at 0.1%, will influence currency traders.
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ORCL reports earnings Tuesday 6/11 after the close, not Monday

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These weeks can be FUN TO TRADE-
BE CAREFUL BE SMART - BE KIND
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