U.S. Core PCE Data Due Thursday as Micron (MU) Releases Q2 Earnings Wednesday

According to BlockBeats, next week's markets will focus on U.S. economic data and earnings, with key reports scheduled for Wednesday and Thursday (Beijing time). Micron Technology (MU) will release quarterly earnings on Wednesday after market close, with revenue guidance of $33.5 billion and gross margins around 81%, providing insight into chip demand trends.

The core PCE inflation index, the Federal Reserve's preferred measure, will be published Thursday at 20:30 Beijing time alongside May personal income and spending data. According to the Cleveland Federal Reserve's inflation forecast model, core PCE is expected to hold steady at 3.3% year-over-year, while overall PCE is projected to rise slightly to 4.0% from 3.8%.