Week Ahead: Jackson Hole, U.S. Data, PMIs

23 August, 2021

Summary Key Events

🇯🇵 🇪🇺 🇬🇧 🇺🇸 Markit PMIs for August: Japan, Eurozone,U.K., U.S. (23)

🇺🇸 Existing Home Sales for July (23)

🇺🇸 Kamala Harris arrives in Vietnam, the first American vice president to visit the country since the war ended in 1975. She’ll meet with political leaders and business groups – Bloomberg (24)

🇺🇸 New Home Sales for August (24)

🇩🇪 Germany IFO business climate for August (25)

🇺🇸 Durable Goods Orders for July (25)

🇰🇷 Bank of Korea policy decision; briefing by Governor Lee Ju-yeol (26)

🇺🇸 The Kansas City Fed hosts its annual Jackson Hole Economic Policy Symposiumin Wyoming’s Grand Teton National Park. Fed Chair Jerome Powell may signal when the Fed plans to start scaling back stimulus on Aug. 27 – Bloomberg (from 26 to 28) ➡ It’s time to taper.

🇺🇸 Fed Presidents Raphael Bostic (Atlanta), Patrick Harker (Philadelphia), Robert Kaplan (Dallas), James Bullard (St. Louis) and Loretta Mester (Cleveland) will all be interviewed by Bloomberg at Jackson Hole – Bloomberg (27)

Earnings

#earnings for the weekhttps://t.co/lObOE0dgsr $JD $CRM $BBY $PTON $SNOW $XPEV $DKS $PDD $MDT $ANF $AAP $DG $EXPR $MRVL $ULTA $PANW $ITRN $DLTR $INTU $MSGE $MARK $COTY $WDAY $JWN $SPLK $CTRN $BURL $GPS $ADSK $MOMO $FLWS $BMO $URBN $BOX $SAFM $HPQ $HTHT $WSM $TOL $TD $BNS $DELL pic.twitter.com/yp2sSXTgdc
— Earnings Whispers (@eWhispers) August 21, 2021

🇺🇸EARNINGS THIS WEEK:

-BEST BUY
-NORDSTROM
-EXPRESS
-URBAN OUTFITTERS
-DICK’S SPORTING GOODS
-ABERCROMBIE
-GAP
-BURLINGTON STORES
-DOLLAR GENERAL
-DOLLAR TREE
-ULTA BEAUTY
-PELOTON
-SALESFORCE
-PALO ALTO NETWORKS
-SNOWFLAKE
-AUTODESK
-SPLUNK
-HP
-DELL
-JD.COM
-PINDUODUO
-XPENG pic.twitter.com/rHTpFyIBQ2
— Investing.com (@Investingcom) August 22, 2021

Previews

Read out LiveSquawk Focus on the Week Ahead here: https://t.co/DxJdMGB0N4 pic.twitter.com/KOr8LzhgxK
— LiveSquawk (@LiveSquawk) August 20, 2021

🌎 🇺🇸 Powell Confronts #Fed’s #Taper Ambitions at Symposium: Eco Week – Bloomberghttps://t.co/d4fuaNjFM3
— Christophe Barraud🛢 (@C_Barraud) August 22, 2021

Jackson Hole, eurozone PMIs, Korean rates decision https://t.co/kNkOOAJ6Xl pic.twitter.com/a7RmlOnbE2
— Reuters (@Reuters) August 20, 2021

Your Week in Asia
– Kamala Harris in Asia
– Qantas annual results
– Paralympics beginhttps://t.co/rmgz2fAo3b
— Nikkei Asia (@NikkeiAsia) August 22, 2021

Focus on U.S. Economic Calendar

Schedule for Week of August 22, 2021 https://t.co/5CU2OnKDhc

The key reports this week are the second estimate of Q2 GDP, New and Existing Home sales, and Personal Income and Outlays.

Fed Chair Jerome Powell will speak on "The Economic Outlook" at the Jackson Hole Symposium.
— Bill McBride (@calculatedrisk) August 21, 2021

🇺🇸 #Fed | It’s Time to #Taper https://t.co/h3G4CBjQoq
— Christophe Barraud🛢 (@C_Barraud) August 20, 2021

Top 10 Macro/Financial Charts of the Previous Week – w33

⚠ Top 10 Macro/Financial Charts of the Week – w33 ⚠

HT @benbreitholtz, @LanceRoberts #Shipping #Freight #Semiconductors #Shortage #Chips #Demographics #Housing #Rents #Fed #Taper #JacksonHole https://t.co/6BKwpIn8cM
— Christophe Barraud🛢 (@C_Barraud) August 22, 2021

What happened in the World Economy last Week – in charts – w33 (Bloomberg)

What happened in the world economy this week – in charts https://t.co/jwN5AMMc3V via @DoubleTGolle pic.twitter.com/1e3naoqZS3
— Zoe Schneeweiss (@ZSchneeweiss) August 20, 2021

*Note: Previous reports can be found here