Week Ahead: FOMC Minutes, Black Friday, ECB Minutes, BOE/ECB/FED Speakers

Key Macro Events

🇯🇵 The Bank of Japan announces the outright purchase amount of Japanese government securities – Bloomberg (21)

🇺🇦 Ukraine President Volodymyr Zelenskiy speaks remotely on the final day of the NATO Parliamentary Assembly’s annual session – Bloomberg (21)

🇬🇧 Bank of England Deputy Governor Jon Cunliffe sepeaks at Warwick Buiness School’s Gilmore Center Policy Forum on DEFi digital currencies – Bloomberg (21)

🇪🇺 ECB Governing Council members Robert Holzmann and Gediminas Simkus speak at the Conference on European Economic Integration hosted by Austria’s central bank – Bloomberg (21)

🇪🇺 Bank of Portugal Governor Mario Centeno speaks at the CNN Portugal Summit – Bloomberg (21)

🇪🇺 Bundesbank President Joachim Nagel speaks at an evening event of the ICFW Frankfurt business journalists’ club – Bloomberg (21)

🇺🇸 San Francisco Fed President Mary Daly speaks to the Orange County Business Council – Bloomberg (21)

🌎 The OECD releases its latest Economic Outlook, with analysis and projections for the world economy – Bloomberg (22)

German Chancellor Olaf Scholz gives opening remarks at the SZ-Wirtschaftsgipfel conference in Berlin – Bloomberg (22)

🇪🇺 ECB Governing Council member Robert Holzmann speaks at the presentation of the Austrian National Bank’s financial stability report – Bloomberg (22)

🇪🇺 European Central Bank Governing Council member Olli Rehn, who is also governor of the Finnish central bank, speaks at a hearing in the Finnish parliament – Bloomberg (22)

🇪🇺 ECB Governing Council member Joachim Nagel gives speech in Berlin – Bloomberg (22)

🇺🇸 Cleveland Fed President Loretta Mester gives opening remarks at a panel discussion on wages and inflation hosted by her bank – Bloomberg (22)

🇺🇸 Kansas City Fed President Esther George takes part in a virtual policy panel hosted by the Central Bank of Chile – Bloomberg (22)

🇺🇸 St. Louis Fed President James Bullard participates in a policy panel at the Central Bank of Chile’s annual conference – Bloomberg (22)

🇳🇿 RBNZ Meeting (23)

🌎 November Manufacturing and Services PMI (23)

🇬🇧 🏴󠁧󠁢󠁳󠁣󠁴󠁿 UK, Supreme Court judgment due on case of whether the Scottish parliament can call a second referendum on independence without the approval of the UK government – FT

🇩🇪 German Chancellor Olaf Scholz addresses the Bundestag on the country’s 2023 budget – Bloomberg (23)

🇪🇺 ECB Vice President Luis de Guindos gives the opening speech at the Encuentro del Sector Financiero in Madrid – Bloomberg (23)

🇬🇧 UK Chancellor of the Exchequer Jeremy Hunt testifies to the Treasury Committee about his Autumn economic statement – Bloomberg (23)

🇬🇧 Bank of England releasess text of Huw Pill speech to Beesley Lecture Series on `returning inflation to target.’ – Bloomberg (23)

🇺🇸 October Durable Goods Orders (23)

🇺🇸 October New Home Sales (23)

🇺🇸 EIA crude oil inventory report (23)

🇺🇸 FOMC Minutes (23)

🇪🇺 EU energy ministers hold an emergency meeting in Brussels to discuss measures for coping with the bloc’s surging power costs as winter approaches – Bloomberg (24)

🇪🇺 ECB publishes account of its October policy meeting – Bloomberg (24)

🇪🇺 ECB Executive Board member Isabel Schnabel gives keynote speech at Bank of England Watchers’ Conference in London – Bloomberg (24)

🇪🇺 ECB Governing COPuncil member Joachim Nagel speaks in panel discussion in Berlin – Bloomberg (24)

🇬🇧 Bank of England Deputy Governor Dave Ramsden: Keynote speech at Bank of England Watchers’ Conference, ‘That was the year that was’ – Bloomberg (24)

🇬🇧 Bank of England policy maker Catherine L Mann speaks as Panelist at Bank of England Watchers’ Conference session, ‘Inflation’ – Bloomberg (24)

🇺🇸 US stock and bond markets are closed for the Thanksgiving. The Macy’s Thanksgiving Day Parade, a holiday tradition known for its giant balloons of cartoon characters, takes place in New York City and is broadcast live on NBC and its sister Peacock streaming service – Bloomberg (24)

🇪🇺 ECB Governing Council member Muller speaks at Estonian central bank seminar entitled “Fast inflation — Why and how long?” – Bloomberg (25)

🇺🇸 US stock and bond markets close early – Bloomberg (25)

🇺🇸 Black Friday kicks off the holiday shopping season in the US. Walmart Inc., Target Corp. and Costco Wholesale Corp. appear positioned for a solid period, aided by a flight to value. Discounts may be higher this year to help drive purchases, which could pressure margins – Bloomberg (25)

Earnings

Previews

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w46

What happened in the World Economy last Week – in charts – w46 (Bloomberg)

*Note: Previous reports can be found here