9 June Week Ahead: US CPI, Adobe Earnings & More

The second week of June 2025 is shaping up to be busy, with key economic updates from the world’s biggest economy (the US) and earnings reports from companies like Adobe. 

Here's what to watch for:

US CPI 

The Consumer Price Index (CPI) report for May 2025 in the United States is due for release on Wednesday, 11 June 2025, at 8:30 a.m. Eastern Time.

Expectations and Recent Trends

While no official consensus forecasts for May have been published yet, recent data and analyst commentary may provide some indication of what to expect.

In April 2025, the CPI rose by 0.2% month-on-month, with annual inflation at 2.3%, slightly below the forecasted 2.4%.

The core CPI, which excludes food and energy prices, also increased by 0.2% month over month and by 2.8% year over year.

Market Outlook

Economists are continuing to look for signs of moderating inflation, although core inflation remains above the Federal Reserve’s 2% target. Some analysts anticipate upward pressure from recent tariffs, although the full impact is unlikely to be evident immediately.

Adobe Earnings Report 

Adobe Inc. will announce its financial results for the second quarter of fiscal year 2025 after the U.S. market closes on Thursday, 12 June 2025. A conference call with investors will follow the earnings release.

What to Expect

• EPS: Analysts expect Adobe's adjusted earnings per share (EPS) to be around $4.97, with projections ranging from $4.96 to $5.00.

• Revenue: Forecasts suggest revenue will come in around $5.8 billion, within a range of $5.77 billion to $5.82 billion.

Comparison to Last Year

In the same quarter last year, Adobe reported an EPS of $4.48 and revenue of $5.31 billion, reflecting strong year-over-year growth.

Investor Focus

Markets will be particularly attentive to any updates on Adobe’s progress in monetising artificial intelligence, product innovation, and its broader growth strategy. The company’s strong track record of surpassing analyst expectations and management’s recent reaffirmation of full-year guidance underlines its confidence in AI-driven expansion. (Source: MorningStar)

More Data to Watch 

Tuesday, 10 June

• Producer Price Index (PPI)

• Core PPI (Excluding Food, Energy, and Trade)

• NFIB Small Business Optimism Index 

• Redbook Retail Sales (Year-on-Year)

• Treasury Auctions 

Wednesday, 11 June

• Treasury Auctions

Thursday, 12 June

• Federal Reserve Balance Sheet Update 

Friday, 13 June

• University of Michigan Consumer Sentiment (Preliminary) 

• New York Fed Staff Nowcast (GDP Estimate)

Conclusion 

With major U.S. inflation data and Adobe’s earnings report on the horizon, the second week of June 2025 will be pivotal for markets. Investors will closely watch economic indicators and corporate performance for signs of inflation trends, consumer sentiment, and the broader economic outlook.