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

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.


🌏 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


🇨🇳 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 ⚠


🇬🇧 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


🌏 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


🇪🇺 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


🇨🇳 February CPI and PPI



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