W Week Ahead

Week Ahead: EU Summit, Powell’s Testimony, Fed, ECB and BOE Speakers, U.K. and Japan Inflation, G7 Meeting

20 June, 2022

Key Macro Events

🇪🇺 EU foreign affairs ministers discuss Ukraine, current affairs in Luxembourg – Bloomberg (20)

🇬🇧 Bank of England policy maker Jonathan Haskel gives opening remarks at the TechUK Policy Leadership Conference” on “Restarting the future, how to fix the intangible economy.” – Bloomberg (20)

🇬🇧 Bank of England policy maker Catherine Mann speaks at a Market News International event on “Monetary policy in the global context” – Bloomberg (20)

🇪🇺 ECB Governing Council member Madis Muller speaks at Bank of Estonia event – Bloomberg (20)

🇪🇺 ECB’s Visco speaks at event in Rome – Bloomberg (20)

🇪🇺 Bank of Portugal Governor and ECB Governing Council member Mario Centeno speaks at the CNN Portugal Summit – Bloomberg (20)

🇪🇺 European Central Bank Governing Council member Martins Kazaks speaks in Riga on panel about investment – Bloomberg (20)

🇪🇺 ECB President Christine Lagarde gives introductory statement at Committee on Economic and Monetary Affairs of the European Parliament in Brussels – Bloomberg (20)

🇪🇺 ECB Chief Economist Philip Lane gives speech at Society of Professional Economists’ (SPE) 2022 Annual Dinner in London – Bloomberg (20)

🇺🇸 St. Louis Fed President James Bullard will discuss inflation and interest rates at an event hosted by the Barcelona School of Economics – Bloomberg (20)

🇺🇸 🇨🇳 U.S. legislation banning the import of goods from China’s Xinjiang region takes effect, impacting billions of dollars worth of cargoes and sparking confusion and uncertainty for many companies – Nikkei (21)

🇦🇺 Philip Lowe, governor of the Reserve Bank of Australia, delivers a speech at an American Chamber of Commerce event in Sydney – Bloomberg (21)

🇦🇺 RBA Minutes (21)

🇩🇪 German Chancellor Olaf Scholz, Economy Minister Robert Habeck, Finance Minister Christian Lindner speak at BDI congress – Bloomberg (21)

🇬🇧 Bank of England Chief Economist Huw Pill speaks at the Institute of Chartered Accoutants in England and Wales economic summit – Bloomberg (21)

🇬🇧 Bank of England policy maker Silvana Tenreyry speaks in Frankfurt at th3e Goethe University – Bloomberg (21)

🇪🇺 European Central Bank Governing Council member and Bank of Finland Governor Olli Rehn presents the Finnish central bank’s forecasts for the Finnish economy at a press conference with a review of the outlook for the Nordic economy and monetary policy in the euro area – Bloomberg (21)

🇺🇸 Richmond Fed President Thomas Barkin takes part in a virtual moderated Q&A hosted by the National Association for Business Economics – Bloomberg (21)

🇺🇸 Cleveland Fed President Loretta Mester speaks at a Women in Leadership event in Cleveland – Bloomberg (21)

🇺🇸 May Existing Home Sales (21) ➡ Risks look skewed to the downside (Consensus: 5.40M).

🇺🇸 Primaries in Virginia and Washington, DC. Alabama, Georgia run-off elections – Bloomberg (21)

🇯🇵 Campaigning kicks off for Japan’s July 10 upper house election – Nikkei (22)

🇯🇵 BOJ Minutes (22)

🇬🇧 May CPI and PPI data (22)

🇬🇧 Bank of England Deputy Governor Jon Cunliffe appears on a panel at the Point Zero forum in Zurich, speaking about “Trusted exchange, unlocking crypto liquidity.” – Bloomberg (22)

🇺🇸 U.S. Powell delivers semi-annual testimony before Senate panel – Bloomberg (22)

🇺🇸 Richmond Fed President Thomas Barkin speaks during a virtual event hosted by the federal City Council – Bloomberg (22)

🇺🇸 Chicago Fed President Charles Evans discusses the economic outlook at an event in Cedar Rapids, Iowa hosted by the Corridor Business Journal – Bloomberg (22)

🇺🇸 Philadelphia Fed President Patrick Harker and Richmond Fed President Thomas Barkin discuss the economic outlook during an event hosted by the Philadelphia – Bloomberg (22)

🇨🇳 🌏 Chinese President Xi Jinping is set to host the annual BRICS summit online, joined by his counterparts from Brazil, India, Russia and South Africa – Nikkei (23)

🇪🇺 Summit of EU leaders starts in Brussels – Bloomberg (23)

🌎 June S&P Global PMIs (23)

🇪🇺 ECB Governing Council members Joachim Nagel and Francois Villeroy de Galhau to speak at Bundesbank event – Bloomberg (23)

🇪🇺 Eurozone ECB Publishes Economic Bulletin – Bloomberg (23)

🇺🇸 U.S. Powell testifies before the House Financial Services Panel – Bloomberg (23)

🇺🇸 Federal releases bank stress test – Bloomberg (23)

🇯🇵 May CPI (24)

🇦🇺 Reserve Bank of Australia Governor Philip Lowe takes part in a UBS panel discussion about global monetary policy challenges in Zurich – Bloomberg (24)

🇯🇵 Bank of Japan Deputy Governor Masayoshi Amamiya speaks at the National Shinkin Conference – Bloomberg (24)

🇩🇪 June IFO (24)

🇬🇧 Bank of England Chief Economist Huw Pill speaks on “inflation and debt — challenges for monetary policy after Covid-19” at the Walter Eucken Institute – Bloomberg (24)

🇬🇧 Bank of England policy maker Jonathan Haskel speaks at a Chatham House conference on “the global economic system looking forward.” – Bloomberg

🇺🇸 St. Louis Fed President James Bullard will discuss central banks and inflation at an event hosted by UBS in Zurich – Bloomberg (24)

🇺🇸 San Francisco Fed President Mary Daly will speak at a Shadow Open Market Committee conference in Los Angeles – Bloomberg (24)

🇩🇪 🌎 Germany, 2022 G7 summit begins at Schloss Elmau, near the city of Garmisch-Partenkirchen, in Bavaria- FT (from 25)




Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w24


What happened in the World Economy last Week – in charts – w24 (Bloomberg)

*Note: Previous reports can be found here