W Week Ahead

Week Ahead Preview: ECB and BOC Meetings; Fed Chair Powell Testifies; U.S. Employment Report; Super Tuesday; Chinese National People’s Congress; U.K. Budget

03 March, 2024
christophe-barraud-week-ahead-2021

From the BoC and ECB Meetings, Fed Chair Jerome Powell’s congressional testimony and the China’s National People’s Congress, here’s what you need to know about the week ahead.

Monday

🌏 Australia’s Prime Minister Anthony Albanese will host leaders from Southeast Asia in Melbourne for a three-day special summit starting on Monday – Nikkei

🇨🇳 China’s top political consultative body, the Chinese People’s Political Consultative Conference, convenes in Beijing, kicking off the weeklong annual legislative season known as the “Two Sessions.” – Nikkei

🇺🇸 🇰🇷 🇰🇵 South Korea and the U.S. will commence the annual Freedom Shield military exercises as part of efforts to guard against the threat posed by North Korea – Nikkei

🇨🇭 February CPI

🇹🇷 February CPI

🇪🇺 ECB Governing Council member Robert Holzmann speaks at a Bretton Woods event in Vienna – Bloomberg

🇺🇸 Philadelphia Fed President Patrick Harker speaks on the economic impact of higher education at an event in Washington – Bloomberg

Tuesday

🇨🇳 Premier Li Qiang is expected to present a report at the National People’s Congress on Tuesday, unveiling GDP growth target for 2024 along with national budget and socioeconomic policy outlines – Nikkei ⚠

🌎 February Services and Composite PMIs

🇯🇵 February Tokyo CPI

🇯🇵 Bank of Japan Governor Kazuo Ueda speaks at a fintech summit in Tokyo – Bloomberg ⚠

🇫🇷 January industrial production

🇪🇺 January PPI

🇺🇸 January factory orders

🇺🇸 February ISM services ⚠

🇺🇸 Philadelphia Fed President Patrick Harker gives TED Talk-style presentation on the economic impact of higher education followed by a Q&A in Washington – Bloomberg

🇺🇸 Super Tuesday in the US, with North Carolina, California, Texas and Oklahoma among more than a dozen states holding Republican and Democratic primaries – Bloomberg ⚠

Wednesday

🇬🇧 UK Chancellor Jeremy Hunt unveils annual budget ⚠

🇪🇺 January retail sales

🇺🇸 February ADP employment

🇺🇸 January JOLTS

🇺🇸 January wholesale inventories

🇨🇦 BOC Meeting ⚠

🇺🇸 Fed Chair Jerome Powell testifies before the House Financial Services Committee – Bloomberg ⚠

🇺🇸 San Francisco Fed President Mary Daly gives keynote address at a community reinvestment conference in Portland, Oregon – Bloomberg

🇺🇸 Fed beige book ⚠

🇺🇸 Minneapolis Fed President Neel Kashkari part of a moderated discussion at the Wall Street Journal’s CFO Network Summit – Bloomberg

Thursday

🌏 Nikkei and the Financial Times will host the annual Asia Green Tech Summit in Singapore – Nikkei

🇨🇳 February trade

🇨🇳 February forex reserves

🇯🇵 BOJ board member Junko Nakagawa speaks at a meeting with local leaders in Shimane – Bloomberg ⚠

🇪🇺 ECB meeting

🇩🇪 January factory orders

🇺🇸 January Consumer Credit

🇺🇸 President Joe Biden delivers the State of the Union address – Bloomberg ⚠

🇺🇸 Fed Chair Jerome Powell testifies before the Senate Banking Committee – Bloomberg ⚠

🇺🇸 Cleveland Fed President Loretta Mester gives virtual speech on the economic outlook for the European Economics and Financial Center – Bloomberg

Friday

🇪🇺 4Q GDP (final estimate)

🇩🇪 January industrial production

🇪🇺 ECB Governing Council member Robert Holzmann speaks at a European Investment Bank meeting on financing green investments – Bloomberg

🇺🇸 February employment report ⚠

🇺🇸 New York Fed President John Williams speaks at the London School of Economics – Bloomberg

🇺🇸 Latest deadline for a new funding deal to avert a partial government shutdown – FT

Weekend

🇨🇳 February CPI and PPI

Earnings

Previews

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w9

What Happened in the World Economy Last Week – in charts – w9 (Bloomberg)


*Note: Previous reports can be found here