Macro outlook for next week: Middle East situation and core PCE data leading, Micron releases financial report after hours on Wednesday BlockBeats News: On June 20th, market focus will continue to revolve around Middle Eastern geopolitics and US PCE data next week. The following are the key points that the market will pay close attention to in the new week (all Beijing time): On Thursday at 04:00, the Federal Reserve announced the results of its annual bank stress test; At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending June 20th, the annual rate of the core PCE price index in May, the monthly rate of personal expenses in May, the final value of the annualized quarterly rate of real GDP in the first quarter of the United States, the initial value of the quarterly rate of real personal consumption expenditure in the first quarter of the United States, the final value of the quarterly rate of real personal consumption expenditure in the first quarter of the United States, the final value of the annualized quarterly rate of the core PCE price index in the first quarter of the United States, the monthly rate of the core PCE price index in May of the United States, and the monthly rate of durable goods orders; On Friday at 03:40, FOMC Permanent Voting Committee and New York Fed Chairman Williams delivered a speech; Friday at 06:30, 2027 FOMC voting committee and Chicago Fed Chairman Goolsby delivered a speech; On Friday at 23:30, Kashkari, the chairman of the Minneapolis Fed and a member of the 2026 FOMC voting committee, delivered a speech. The core PCE price index, which the Federal Reserve currently values the most, will be released next Thursday, along with personal income and expenditure data for May. According to the Cleveland Fed's inflation forecast model, core PCE is expected to remain unchanged at 3.3% in May, while overall PCE is expected to climb slightly from 3.8% to 4.0%. Storage chip manufacturer Micron Technology (MU) will release its quarterly financial report after the US stock market closes on Wednesday, June 24th, which will be the key to measuring the pulse of chip demand. The market will use this to observe whether the demand is still accelerating. The company's revenue guidance is 33.5 billion US dollars, with a gross profit margin of approximately 81%.