W Week Ahead

Week Ahead: China PMIs, U.S. Employment Report, ISM Manufacturing/Services, Bundesbank Symposium

30 August, 2021

Summary Key Events

🇬🇧 Markets closed in London due to the U.K.’s Summer Bank Holiday (30)

🇺🇸 The U.S. plans to pull out almost all American troops from Afghanistan after nearly 20 years (31)

🇨🇳 PMIs (31) ➡ Risks look skewed to the downwside.

🇮🇳 2Q GDP (31)

🇪🇺 ECB Governing Council members Robert Holzmann and Klaas Knot, Denmark central bank Deputy Governor Per Callesen and Croatia central bank Governor Boris Vujcic speak at conference in Alpbach – Bloomberg (31)

🇪🇺 CPI YoY for August (31)

🇺🇸 President Biden meets with Ukrainian President Volodymyr Zelenskiy at the White House to discuss Ukraine’s sovereignty, energy issues and NATO membership – Bloomberg (31)

🇺🇸 Conference Board Consumer Confidence for August (31)

⚠ OPEC+ meeting (1)

🇯🇵 BOJ Deputy Governor Masazumi Wakatabe gives a speech online to business leaders in Hiroshima – Bloomberg (1)

🇪🇺 Bundesbank President Jens Weidmann speak at a Bundesbank symposium – Bloomberg (1)

🇺🇸 ISM Manufacturing (1)

🇺🇸 Wards Total New Vehicle Sales for August (1) ➡ They should decline for the fourth straight month because of limited supply and high prices.

🇷🇺 🌎 Russian President Vladimir Putin will host the sixth Eastern Economic Forum to attract investment to the country’s underdeveloped Far East – Nikkei (2)

🇪🇺 EU foreign affairs ministers meet in Slovenia for informal discussions, including the bloc’s role and position in the world – Bloomberg (2 & 3)

🇯🇵 BOJ board member Goushi Kataoka gives a speech online to business leaders in Nagasaki – Bloomberg (2)

🇺🇸 Employment Report for August – Bloomberg (3)

🇺🇸 ISM Services for August (3)



Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w34

What happened in the World Economy last Week – in charts – w34 (Bloomberg)

*Note: Previous reports can be found here