June Market Outlook: Key Data and Events Signal Potential for Summer Market Shifts

June will be a pivotal month, shaping the course of the summer market. Recent data indicate a significant slowdown: US GDP for Q1 is at -0.2%, the first negative figure since COVID, reflecting a sharp economic deceleration from previous growth of 2.4%. The secondary real estate market sales declined by 6.3%, far exceeding expectations and signaling waning demand amid high interest rates. Consumer confidence ticks up to 98.0 in sentiment but shows limited tangible action. Inflation remains stable with PCE at +0.1% monthly and 2.1% annually, below forecasts, easing fears of rising prices. The US trade deficit improves to $87.6 billion, better than anticipated. Trump’s recent tough rhetoric on tariffs, labeled TACO, signals volatility and uncertainty. Key upcoming events include PMI, unemployment rate, CPI, PPI, and the Federal Reserve meeting — all critical to market direction. If inflation dips or economic slowdown signs intensify, expect dovish policy shifts that could boost crypto markets. Conversely, hawkish signals might pressure assets downward. Monitoring these indicators will be vital for risk management and investment strategies this summer.