Week Ahead Preview: ECB Meeting; Possible US Auto Strike; EC Outlook Update; US CPI and Other Data; Belt and Road Summit

From the ECB Meeting to the U.S. CPI and a possible U.S. auto strike, here’s what you need to follow for the week ahead.

Monday

🇨🇳 August aggregate financing

🇨🇳 Creditors of China’s Country Garden Holdings Co. finish voting on troubled firm’s requests to extend more bonds – Bloomberg

🇪🇺 The EU releases an updated economic forecast at a time some see the outlook darkening for the European economy – Bloomberg

🇮🇹 July industrial production

🇬🇧 Bank of England chief economist Huw Pill is a panelist at Kent Invicta Chamber of Commerce event – Bloomberg

🇬🇧 Bank of England policy maker Catherine Mann speaks at Canadian Association for Business economics conference – Bloomberg

🇺🇸 US House of Representatives returns from its summer recess – Bloomberg

Tuesday

🇳🇿 New Zealand’s Treasury issues pre-election economic and fiscal update, which is likely to show a worsening fiscal outlook – Bloomberg

🇬🇧 Employment data

🇩🇪 August ZEW 

🇺🇸 Apple set to unveil iPhone 15 line and next-generation smartwatches at “Wonderlust,” its biggest product-upgrade event of the year – Bloomberg

Wednesday

🇨🇳🌏 Belt and Road summit. Through Sept. 14

🇪🇺 European Commission President Ursula von der Leyen delivers State of the EU speech at the European Parliament in Strasbourg – Bloomberg

🇬🇧 July Industrial Production

🇪🇺 July Industrial Production

🇺🇸 August CPI

🇺🇸 Tech leaders including Tesla’s Elon Musk and Meta Platforms’ Mark Zuckerberg are set to attend a forum on the future of AI convened by Senator Chuck Schumer – Bloomberg

Thursday

🇩🇪 🇺🇸 German Foreign Minister Annalena Baerbock to meet with US Secretary of State Antony Blinken in Washington.

🇪🇺 ECB Meeting

🇺🇸 August retail sales and PPI

🇺🇸 United Auto Workers union contracts with General Motors, Stellantis and Ford set to expire, setting stage for a possible strike that could shut down a major section of the US economy – Bloomberg

Friday

🇨🇳 August property prices, retail sales and industrial productio

🇪🇺 Informal meeting of EU finance ministers in Santiago de Compostela, Spain. Through Sept. 16 – Bloomberg

🇪🇺 Bank of France Governor Francois Villeroy de Galhau speaks at Eurofi conference – Bloomberg

🇪🇺 ECB President Christine Lagarde participates in news conference following Eurogroup meeting in Santiago de Compostela, Spain – Bloomberg

🇷🇺 Bank of Russia’s first scheduled rate decision after an emergency August meeting to hike rates by 350 bps amid the ruble’s depreciation – Bloomberg

🇺🇸 August US industrial production

🇺🇸 September University of Michigan consumer sentiment and Empire Manufacturing index

Earnings

Previews

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w36

What happened in the World Economy last Week – in charts – w36 (Bloomberg)

*Note: Previous reports can be found here