Week Ahead: Debt-Ceiling Angst; FOMC Minutes; BOE, ECB and FED Speakers; Preliminary PMIs; U.S. Data; Turkey Returns To The Polls

Key Macro Events

🌏 The third summit of the Forum for India-Pacific Islands Cooperation (FIPIC) takes place in Port Moresby, the capital city of Papua New Guinea, under the co-chairmanship of Indian Prime Minister Narendra Modi and his PNG counterpart, James Marape – Nikkei

🇨🇳 China loan prime rates (22)

🇪🇺 May consumer confidence (22)

🇪🇺 ECB Governing Council member Boris Vujcic participates in panel in Zagreb on Safeguarding Financial Stability in the Euro Area, organized by Croatian Finance Ministry and European Stability Mechanism – Bloomberg (22)

🇪🇺 ECB Vice President Guindos Speaks – Bloomberg (22)

🇪🇺 European Central Bank Governing Council member Robert Holzmann speaks at Austrian Central Bank conference in Vienna – Bloomberg (22)

🇪🇺 ECB Chief Economist Lane speaks at Austrian Central Bank conference in Vienna – Bloomberg (22)

🇪🇺 Bank of France Governor Francois Villeroy de Galhau speaks at conference in Paris – Bloomberg (22)

🇪🇺 Pablo Hernández de Cos will speak at the Círculo Financiero La Caixa – Bloomberg (22)

🇺🇸 St. Louis Fed President James Bullard speaks in fireside chat at American Gas Association’s Financial Forum – Bloomberg (22)

🇺🇸 Atlanta Fed President Raphael Bostic and Richmond Fed President Thomas Barkin discuss technology-enabled disruption during a conference on the subject hosted by the Richmond Fed – Bloomberg (22)

🇺🇸 San Francisco Fed President Mary Daly participates in a fireside chat at the National Association of Business Economics/Banque de France International Economic Symposium – Bloomberg (22)

🇷🇺 🇨🇳 Russian Prime Minister Mikhail Mishustin pays a two-day official visit to China – Nikkei (23)

🌎 May Global Manufacturing & Services PMI (23)

🇪🇺 ECB Vice President Luis de Guindos gives keynote address at AFME/OMFIF’s 3rd Annual European Financial Integration Conference in Frankfurt – Bloomberg (23)

🇪🇺 ECB Governing Council member Madis Muller speaks at Bank of Estonia/IMF news conference in Tallinn – Bloomberg (23)

🇪🇺 ECB Governing Council member Francois Villeroy de Galhau speaks at AFME/OMFIF’s 3rd Annual European Financial Integration Conference in Frankfurt – Bloomberg (23)

🇪🇺 Bundesbank President Joachim Nagel participates in panel discussion in Berlin – Bloomberg (23)

🇬🇧 Bank of England policymaker Jonathan Haskel speaks as a panelist at the Federal Reserve Bank of Richmond technology-enabled disruption conference on the “Uncertainty and prospects for disruptive investments ‘Market uncertainties and technology investment: The role of intangibles.” – Bloomberg (23)

🇺🇸 April New Home Sales (23)

🇺🇸 Dallas Fed President Lorie Logan makes welcoming remarks at the start of the second day of a conference on technology-enabled disruption hosted by the Richmond Fed – Bloomberg (23)

🇳🇿 RBNZ Meeting (24)

🇩🇪 May Ifo Business Climate Index (24)

🇪🇺 ECB non-policy meeting in Frankfurt – Bloomberg (24)

🇪🇺 Opening remarks by Christine Lagarde at the celebration to mark the 25th anniversary of the ECB in Frankfurt – Bloomberg (24)

🇬🇧 April consumer price index (CPI), retail price index (RPI) and producer price index (PPI) inflation rate figures (24)

🇬🇧 Bank of England Governor Andrew Bailey delivers keynote speech at Mansion House Net Zero Delivery Summit – Bloomberg (24)

🇬🇧 Bank of England Governor Andrew Bailey at Wall Street Journal event – Bloomberg (24)

🇺🇸 Fed Governor Christopher Waller discusses the economic outlook at an event hosted by the University of California Santa Barbara – Bloomberg (24)

🇺🇸 FOMC Minutes (24)

🌏 🇺🇸 Senior officials from APEC economies commence two days of trade meetings in Detroit – Nikkei (25)

🇪🇺 ECB Vice President Luis De Guindos presents the ECB Annual Report for 2022 – Bloomberg (25)

🇪🇺 Bundesbank President Joachim Nagel speaks on the future of Europe in Obbürgen, Switzerland – Bloomberg (25)

🇪🇺 Bank of France Governor Francois Villeroy de Galhau speaks at ICMA conference in Paris – Bloomberg (25)

🇪🇺 ECB’s Centeno, de Cos Speak at Conference in Lisbon – Bloomberg (25)

🇬🇧 Bank of England policymaker Jonathan Haskel delivers a speech at Peterson Institute for International Economics in Washington – Bloomberg (25)

🇺🇸 Boston Fed President Susan Collins participates in a fireside chat at the Community College of Rhode Island – Bloomberg (25)

🇹🇷 Turkey’s central bank to hold rate-setting meeting (25)

🇪🇺 ECB’s Boris Vujcic Speaks at 29th Dubrovnik Economic Conference in Croatia – Bloomberg (26)

🇪🇺 ECB’s Lane Speaks – Bloomberg (26)

🇺🇸 Memorial Day travel period begins in US. – Bloomberg (26 Through May 29)

🇺🇸 April Durable Goods Orders (26)

🇺🇸 April PCE Deflator (26)

🇮🇹 Italy, municipal elections second round run-offs – FT (28)

🇪🇸 Spain, regional and municipal elections – FT (28)

🇹🇷 Turkey, presidential election runoff – FT (28)

Earnings

Previews

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w20

What happened in the World Economy last Week – in charts – w20 (Bloomberg)

*Note: Previous reports can be found here