Summary Key Macro Events
🇪🇺 🇷🇺 EU foreign ministers meet to consider new sanctions on Russia over the imprisonment of Navalny (22)
🇬🇧 Boris Johnson is on Monday due to set out a government road map to lift England’s lockdown from next month, as data suggested that coronavirus infections were falling 3-6 per cent per day – FT (22)
🇪🇺 ECB President Christine Lagarde speaks at the European Semester Conference – Bloomberg (22)
🇺🇸 🇮🇷 Iran has said it will curb international nuclear inspections, agreed upon in the 2015 nuclear deal, unless the U.S. removes sanctions imposed by former President Donald Trump – Bloomberg (23)
🇺🇸 Conference Board Consumer Confidence for February (23)
🇺🇸 Fed Chair Jerome Powell delivers the central bank’s semi-annual monetary policy report to the Senate Banking Committee (23)
🇬🇧 Bank of England governor Andrew Bailey appears before the UK Treasury Committee (24)
🇺🇸 U.S. Congress House Committee on Financial Services holds a hearing on monetary policy and the economy. Fed Chair Jerome Powell will testify (24)
🇺🇸 New Home Sales for January (24)
🇰🇷 The Bank of Korea is expected on Thursday to announce a plan to buy South Korean treasury bonds, while keeping the key rate unchanged at 0.5% – Nikkei (25)
🇪🇺 EU leaders will hold a video summit through Feb. 26. They’ll discuss travel restrictions and a plan for vaccines against Covid mutations – Bloomberg (25)
🇺🇸 Durable Goods Orders for January (25)
🇺🇸 4Q GDP QoQ – 2nd estimate (25)
🌎 Finance ministers and central bankers from the Group of 20 will meet virtually. U.S. Treasury Secretary Janet Yellen will be among the attendees – Bloomberg (26)
🇺🇸 The U.S. House of Representatives plans to hold its first floor vote on President Joe Biden’s $1.9 trillion stimulus package, with the goal of final passage before March 14 (26)
🇨🇳 The main decision-making body of China’s National People’s Congress will meet over the weekend to draw up the agenda for the annual legislative session starting March 5 – Nikkei (27 & 28)
Earnings
#earnings for the week https://t.co/lObOE0dgsr $NVDA $SQ $MRNA $PLUG $CRM $DKNG $HD $DPZ $OSTK $JMIA $RKT $CLF $ETSY $OXY $TDOC $M $BIGC $RCL $BBY $BYND $LOW $MGI $W $MRO $MGNI $SPCE $VALE $CRON $FLR $LI $NLS $PANW $CROX $NKLA $UPWK $MDT $DSX $DISH $FSLR $DDD $HZNP $OKE $IVR pic.twitter.com/UngYWtcqNw
— Earnings Whispers (@eWhispers) February 20, 2021
Previews
What to be on the lookout for in the world economy this week (via @SteveMatthews12) https://t.co/9ZNEypiIaz
— Bloomberg Economics (@economics) February 20, 2021
UK lockdown plans, HSBC results, Powell appears before Congress https://t.co/aOLiEH2hy3
— FT Economics (@fteconomics) February 21, 2021
Here's what's happening in Asia this week:
-Three different COVID vaccines will roll out in Asian countries
-Huawei launches Mate X2 smartphone
-Mobile World Congress in Shanghai
-Yellen debuts at G-20 ministers' meeting… and much more@NikkeiAsiahttps://t.co/dB7mDkfnqm
— Dean Napolitano (@NapolitanoDean) February 22, 2021
Stronger economic data could power stocks that thrive in a rebound in the week ahead https://t.co/Jdd5ha9Tq9 pic.twitter.com/xoKvZHLfXb
— Patti Domm (@pattidomm) February 20, 2021
Fed Chair Jerome Powell is likely to emphasize a dovish message to Congress this week in his first testimony since Democrats took control of the Senate and White House https://t.co/9e6CnmrSi8 (THREAD) pic.twitter.com/Cu1D3cUFrs
— Bloomberg Economics (@economics) February 21, 2021
Focus on 🇺🇸 Economic Calendar
Schedule for Week of February 21, 2021 https://t.co/0BHtvq6XLM The key reports this week are January New Home sales, the second estimate of Q4 GDP, Case-Shiller house prices and January Personal Income and Outlays.
Fed Chair Powell provides Semiannual Monetary Policy Report
— Bill McBride (@calculatedrisk) February 20, 2021
Top 10 Macro/Financial Charts of the Previous Week – w7
⚠ Top 10 Macro/Financial Charts of the Week – w7 ⚠
HT @LizAnnSonders, @sentimentrader, @zerohedge, @Callum_Thomas, @jsbloklandhttps://t.co/c2QkTk5ZZe
— Christophe Barraud🛢 (@C_Barraud) February 22, 2021
What happened in the World Economy last Week – in charts – w7 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/bHx2vfmP00
— Bloomberg Economics (@economics) February 19, 2021
