W Week Ahead

Week Ahead: Iran Nuclear Deal Talks, U.S. Data, FOMC Minutes, Fed Speakers, U.K. CPI

15 August, 2022

Key Macro Events

🇰🇷 🇰🇵 South Korea and North Korea celebrate Liberation Day, an annual holiday in both countries to mark their liberation in 1945 from 35 years of Japanese rule – Bloomberg (15)

🇪🇺 🇨🇭 Assumption Day is celebrated in many European countries, including Spain, France and Switzerland. Some financial markets are closed – Bloomberg (15)

🇮🇷 🇪🇺 🇺🇸 Iran Nuclear Deal: A spokesperson for the Iranian foreign ministry said there could be a basis for a signed agreement “in the very near future,” while Foreign Minister Hossein Amirabdollahian said in a separate briefing that the country would inform the European Union tonight of it’s position while striking a more conciliatory tone than in recent months – Bloomberg (15)

🇺🇸 US, Federal Reserve board of governors member Christopher Waller gives opening remarks to the 2022 Summer Workshop on Money, Banking, Payments, and Finance hosted by the Fed – FT (15)

🇺🇸 August Empire Manufacturing (15)

🇺🇸 August NAHB Survey (15)

🇦🇺 Australia, minutes of the Reserve Bank of Australia’s August policy meeting – FT (16)

🇬🇧 Foreign Secretary Liz Truss and former Chancellor Rishi Sunak hold campaign events in Perth as they vie to be the next UK prime minister – Bloomberg (16) *Note: Events are also scheduled for Belfast on Aug. 18 and Manchester on Aug. 19.

🇺🇸 July Housing Starts (16)

🇺🇸 July Industrial Production (16)

🇺🇸 Alaska and Wyoming hold primary elections. The fate of Wyoming’s Liz Cheney, the most prominent Republican to oppose former President Donald Trump, will be closely watched. Pro-Trump Sarah Palin and anti-Trump Lisa Murkowski are on the ballet in Alaska – Bloomberg (16)

🌎 Belgium, Nato secretary-general Jens Stoltenberg meets Kosovo’s prime minister Albin Kurti in Brussels amid rising tensions between Kosovo and Serbia. A day later, Kurti is due to meet Serbian president Aleksandr Vucic – FT (17)

🇳🇿 Reserve Bank of New Zealand Governor Adrian Orr holds a news conference after the release of the central bank’s latest monetary policy statement – Bloomberg (17)

🇳🇴 Norway’s sovereign wealth fund presents half-year results with a live-streamed news conference – Bloomberg (17)

🇬🇧 July CPI (17)

🇪🇺 2Q Eurozone GDP 2nd estimate (17)

🇺🇸 July Retail Sales (17)

🇺🇸 EIA crude oil inventory report – Bloomberg (17)

🇺🇸 FOMC Minutes (17)

🇺🇸 July Existing Home Sales (18)

🇺🇸 Kansas City Fed President Esther George speaks on the economic outlook at an event hosted by the Fairfax Industrial Association in Missouri – Bloomberg (18)

🇺🇸 Minneapolis Fed President Neel Kashkari speaks in a Q&A session at the monthly gathering of the Young Presidents Organization Gold Twin Cities Chapter – Bloomberg (18)

🇯🇵 July CPI (19)

🇺🇸 Richmond Fed President Tom Barkin will speak to the Maryland Association of Counties Summer Conference in Ocean City, Maryland. A separate media Q&A will follow the event – Bloomberg (19)



Focus on U.S. Economic Calendar

What happened in the World Economy last Week – in charts – w32 (Bloomberg)

*Note: Previous reports can be found here