W Week Ahead

Week Ahead: Fed and BOE Meetings, ECB Speakers, U.S. Housing Data, Italy General Election

19 September, 2022

Key Macro Events

🇬🇧 Queen Elizabeth II’s life is commemorated at her state funeral in Westminster Abbey in London, to be attended by roughly 500 global dignitaries and world leaders including US President Joe Biden. UK markets, government agencies and schools closed – Bloomberg (19)

🌎 Bank for International Settlements publishes its quarterly report on global financial markets – FT

🇪🇺 ECB vice president Luis de Guindos speaks at the annual  Consejos Consultivos meeting organized by Banco Sabadell in Madrid – Bloomberg (19)

🇪🇺 ECB Governing Council member Pablo Hernandez De Cos speaks in Almeria, Spain – Bloomberg (19)

🇪🇺 ECB Governing Council member Francois Villeroy de Galhau gives keynote speech at The SRB Annual Conference 2022 – “European banks: resolvable and ready for crisis?” – Bloomberg (19)

🌎 World Bank President David Malpass speaks in New York – Bloomberg (19)

🇺🇸 September NAHB (19)

🌎 General debate begins at the annual UN General Assembly in New York, with the war in Ukraine likely to be a major topic – Bloomberg (from 20 to 26)

🇦🇺 RBA minutes (20)

🇸🇪 Riksbank Meeting (20)

🇪🇺 ECB Governing Council member speaks at Bank of Estonia news conference in Tallinn – Bloomberg (20)

🇺🇸 August Housing Starts and Building Permits (20)

🇪🇺 ECB President Christine Lagarde gives Karl-Otto Pöhl-Lecture organized by Frankfurter Gesellschaft für Handel, Industrie und Wissenschaft in Frankfurt – Bloomberg (20)

🇦🇺 Reserve Bank of Australia Deputy Governor Michele Bullock speaks at a Bloomberg event in Sydney – Bloomberg (21)

🇪🇺 EU, governing council of the European Central Bank holds a non-monetary policy meeting in Frankfurt – FT

🇪🇺 ECB vice president Luis de Guindos to speak at Insurance Summit 2022 organized by Altamar CAM in Cologne, Germany – Bloomberg (21)

🇺🇸 August Existing Home Sales (21) ➡ EHS surprise upward (consensus: 4.70Me)

🇺🇸 EIA crude oil inventory report (21)

🇺🇸 Big-bank CEOs including Jamie Dimon of JPMorgan Chase and Brian Moynihan of Bank of America testify before the US House Financial Services Committee at a hearing titled, “Holding Megabanks Accountable.” – Bloomberg (21)

🇺🇸 FOMC Meeting (21)

🇯🇵 BOJ Meeting (22)

🇨🇭 SNB Meeting (22)

🇪🇺 ECB Publishes Economic Bulletin (22)

🇳🇴 Norges Bank Meeting (22)

🇹🇷 CBRT Meeting (22)

🇬🇧 BOE Meeting (22)

🇬🇧 Bank of England policy-maker Silvana Tenreyro speaks at a seminar at the San Francisco Fed on “climate-change pledges, actions and outcomes” – Bloomberg (22)

🇪🇺 September Consumer Confidence (22)

🇪🇺 ECB Executive Board member Isabel Schnabel gives keynote speech at Network Luxemburg – Frankfurt Financial Professionals – Bloomberg (22)

🇺🇸 US Treasury Secretary Janet Yellen addresses the Atlantic Festival in Washington – Bloomberg (22)

🌎 Manufacturing and Services PMIs (23)

🇪🇺 ECB Governing Council member Martins Kazaks speaks at Bank of Lavtia news conference in Riga – Bloomberg (23)

🇪🇺 🇨🇭 Bundesbank President Joachim Nagel and Swiss National Bank President Thomas Jordan speak in Lucerne – Bloomberg (23)

🇮🇹 Italy, general election following the resignation of Mario Draghi in July – FT (25)

🇷🇺 Russia, second round of regional and local elections – FT (25)



Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w37

What happened in the World Economy last Week – in charts – w37 (Bloomberg)

*Note: Previous reports can be found here