W Week Ahead

Week Ahead: Davos WEF; BOJ Meeting; ECB Minutes; FOMC Beige Book; U.S. Data; China GDP; Chinese New Lunar Year Starts

16 January, 2023

Key Macro Events

🇺🇸 Martin Luther King Day national holiday (16)

🌎 The World Economic Forum’s annual meeting kicks off in Davos, Switzerland, the first winter gathering of the global leaders’ group since before the Covid pandemic. Nineteen central bank heads and 56 finance ministers will be among the participants – Bloomberg (from 16 to 20)

🇪🇺 EU finance ministers meet in Brussels (from 16 to 17)

🇬🇧 Bank of England Governor Andrew Bailey and his deputy Sam Woods testify to Parliament’s Treasury Committee about financial stability – Bloomberg (16)

🇨🇳 Q4 GDP figures (16)

🇪🇺 ECB Governing Council member Mario Centeno participates in a panel at the World Economic Forum in Davos – Bloomberg (17)

🇺🇸 New York Fed President John Williams gives welcoming remarks at an event about equitable growth hosted by the bank – Bloomberg (17)

🇯🇵 BOJ Meeting (18)

🇬🇧 December CPI and PPI (18)

🇪🇺 ECB Governing Coucnil member Villeroy speaks on banking in Davos – Bloomberg (18)

🇺🇸 December Retail Sales (18)

🇺🇸 December PPI (18)

🇺🇸 December Industrial Production (18)

🇺🇸 January NHAB (18)

🇺🇸 Atlanta Fed President Raphael Bostic gives welcoming remarks at a conference on model risk management hosted by the bank – Bloomberg (18)

🇺🇸 Philadelphia Fed President Patrick Harker speaks at the Lyons CEEE Economic Forecast event at the University of Delaware in Newark, Delaware – Bloomberg (18)

🇺🇸 Dallas Fed President Lorie Logan speaks at the University of Texas’ Austin McCombs School of Business – Bloomberg (18)

🇺🇸 FOMC Beige Book (18)

🇫🇷 France’s main labor unions’ first day of strikes in response to President Emmanuel Macron’s plan to raise the retirement age – Bloomberg (19)

🇪🇺 ECB President Christine Lagarde participates in a panel at World Economic Forum in Davos – Bloomberg (19)

🇪🇺 ECB Governing Council member Klaas Knot speaks at Davos on digital currencies – Bloomberg (19)

🇪🇺 ECB Executive Board member Isabel Schnabel speaks in a webinar on monetary policy – Bloomberg (19)

🇪🇺 ECB Minutes (19)

🇺🇸 December Housing Starts & Building Permits (19)

🇺🇸 Boston Fed President Susan Collins speaks at a conference on housing hosted by the bank – Bloomberg (19)

🇺🇸 New York Fed President John Williams speaks at an event hosted by the Fixed Income Analyst Society in New York – Bloomberg (19)

🇯🇵 The Bank of Japan is scheduled to announce the outright purchase amount of government securities – Bloomberg (20)

🇨🇳 Monetary policy rate-setting announcement (20)

🇯🇵 December CPI (20)

🌎 On the final day of Davos, IMF managing director Kristalina Georgieva, ECB President Christine Lagarde and French Finance Minister Bruno Le Maire speak on a panel – Bloomberg (20)

🇺🇸 December Existing Home Sales (20)

🇺🇸 Philadelphia Fed President Patrick Harker discusses the economic outlook during a New Jersey bankers forum – Bloomberg (20)

🇺🇸 Fed Governor Chris Waller speaks at the Council on Foreign Relations in New York – Bloomberg (20)

🇨🇳 🌏 Ethnic Chinese across the world will usher in the “Year of Rabbit” under the Lunar calendar, while share markets in mainland China will close through Friday. Taiwan, Hong Kong, Malaysia, Singapore and Vietnam will also mark the new year with national holidays – Nikkei (20)



Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w2

What happened in the World Economy last Week – in charts – w2 (Bloomberg)

*Note: Previous reports can be found here