Outlook 06/11: Stock futures moved higher after China and the U.S. reached a trade policy consensus and inflation rose less than expected. The consumer price index rose 0.1% in May from the prior month. Economists expected CPI to rise 0.2%. Core CPI, which strips out food and energy prices, also increased 0.1%, less than expected. U.S. and Chinese officials reached a consensus on trade after a second day of talks in London. U.S. Commerce Secretary Howard Lutnick said he and U.S. Trade Representative Jamieson Greer will return to Washington to “make sure President Trump approves” the deal outline. As part of the framework, China would approve the exports of rare earth minerals. Meanwhile, the U.S. would roll back sales restrictions of advanced tech goods to China.
ESM25 (JUN2025): YVAH 6039 YPOC 6024 YVAL 6017 GAP 6037
/ES Plan: Yesterday market closed bullish, and overnight, after CPI data, continues on that way, moving above previous value/range, so these're the opening and initial balance options for current session:
