W — Week Ahead

Week Ahead Preview: ECB’s Conference; Chinese GDP; UK & Japanese CPI; US Data; RBA Minutes

16 July, 2023
christophe-barraud-week-ahead-2021

From Chinese GDP to the UK CPI and the European Central Bank’s conference on central, eastern and south-eastern Europe, here’s what you need to follow for the week ahead.

Monday

🌎 G-20 finance ministers and central bankers in India are likely to discuss economic and financial market trends, inflation, food and energy security concerns and support for developing countries – Bloomberg (17)

🇨🇳 PBOC 1-Yr Medium-Term Lending Facility Rate (17)

🇨🇳 Q2 GDP (17)

🇪🇺 European Central Bank President Christine Lagarde gives welcome remarks at 9th ECB conference on central, eastern and south-eastern European (CESEE) countries – Bloomberg (17)

🇪🇺 ECB chief economist Philip Lane and Governing Council member Bostjan Vasle at CESEE conference – Bloomberg (17)

🇪🇺 ECB Executive Board member Frank Elderson, Governing Council member Boris Vujcic speak at CESEE conference – Bloomberg (17)

🇺🇸 July Empire Manufacturing (17)

Tuesday

🇳🇿 Reserve Bank of Australia issues minutes of July policy meeting (18)

🇺🇸 June Retail Sales (18)

🇺🇸 June Industrial Production (18)

🇺🇸 July NAHB index (18)

🇺🇸 Federal Resere Vice Chair for Supervision Michael Barr speaks on fair lending at the National Fair Housing Alliance 2023 National Conference – Bloomberg (18)

🇺🇸 Michael Gibson, director of the Fed’s Division of Supervision and Regulation, testifies about climate change at a House Financial Services subcommittee – Bloomberg (18)

Wednesday

🇬🇧 June CPI (19)

🇪🇺 ECB Governing Council member Boris Vujcic gives lecture on Croatia’s euro entry, in Skopje, North Macedonia – Bloomberg (19)

🇬🇧 Bank of England Deputy Governor Dave Ramsden gives a speech on quantitative tightening, chaired by the Money Macro and Finance Society – Bloomberg (19)

🇺🇸 Former US Treasury Secretary Robert Rubin speaks at the Economic Club of Washington – Bloomberg (19)

🇺🇸 June housing starts and building permits (19)

Thursday

🇪🇺 EU foreign affairs ministers meet in Brussels – Bloomberg (20)

🇪🇺 ECB’s Francois Villeroy de Galhau speaks at press conference on French current account balance – Bloomberg (20)

🇪🇺 July Consumer Confidence (20)

🇺🇸 June Existing Home Sales (20)

Friday

🇯🇵 June CPI (21)

🇷🇺 Central Bank Meeting (21)

Earnings

The Q2 earnings season picks up next week with 600+ companies reporting including: $TSLA, $TSM, $JNJ, $VTMX, $AML, $BAC, $NVS, $NFLX, $ABT, $SAP, $PM, $MS, $AXP, $ISRG, $IBM, $LMT, $PLD, $GS, $SCHW, $ELV, $MMC, and more. #stockmarket #earningsseason #earnings #investing #trading pic.twitter.com/GRzsMerikq

— Wall Street Horizon (@WallStHorizon) July 14, 2023

🇺🇸 #SPX | S&P 500 Will Likely Report a Decline in Earnings for 3rd Consecutive Quarter in Q2 2023 – Factsethttps://t.co/2pSFKjEYdW pic.twitter.com/v5VUIIkQ0e

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) July 15, 2023

Those reporting next week include Tesla, Netflix, Goldman Sachs, Morgan Stanley and American Express.

M: $HBCP
T: $BAC $LMT $MS $NVS $PNC $SCHW $BK $SYF $JBHT
W: $TSLA $IBM $GS $UAL $NFLX $USB $ASML $HAL $BKR $AA
T: $JNJ $PM $TSM $AAL $ABT $TRV $COF $DHI $MAN $PPG
F: $AXP$SLB pic.twitter.com/oydj88pDod

— The Transcript (@TheTranscript_) July 16, 2023

Previews

Read out LiveSquawk Focus on the Week Ahead here: https://t.co/DxJdMGB0N4 pic.twitter.com/LqjOnNbZZg

— LiveSquawk (@LiveSquawk) July 14, 2023

🌎 🇨🇳 #Weekahead | #China’s Economy Is Struggling to Gain Traction – Bloomberghttps://t.co/Hy0ECTZxgd pic.twitter.com/UV2oWD8HCd

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) July 16, 2023

China to update on economy and Spain goes to the polls https://t.co/rdGTupdU60

— FT Economics (@fteconomics) July 16, 2023

Your Week in Asia
– China Q2 GDP
– Tesla's Malaysia launch
– Hun Sen's Cambodia electionshttps://t.co/d6HROY9h9v

— Nikkei Asia (@NikkeiAsia) July 16, 2023

💡 IHS Markit – Purchasing Managers’ Index (PMI)

Week Ahead Economic Preview: Week of 17 July 2023

via @HarksterHQ on https://t.co/8myZz8iPDX

https://t.co/7QKElXM2x1

— PiQ-Commentary (@PiQCommentary) July 14, 2023

Focus on U.S. Economic Calendar

US Economics: The Week Ahead pic.twitter.com/7bj7jTjqlz

— *Walter Bloomberg (@DeItaone) July 15, 2023

🇺🇸 #Weekahead | History Says It’s Time to Buy Long-Term Bonds as Peak Rates Near – Bloomberghttps://t.co/vcf1MCUdCf pic.twitter.com/QW0NxgPjCc

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) July 16, 2023

FOMC Trading and External Communications Blackout calendar pic.twitter.com/3KzqwcNQPt

— *Walter Bloomberg (@DeItaone) July 16, 2023

Top 10 Macro/Financial Charts of the Previous Week – w28

⚠ Top 10 Macro/Financial Charts of the Week – w28 (2023) ⚠

*HT @zerohedge, @jasongoepfert #Inflation #Recession #Consumption #Postioning #Stocks #Watches https://t.co/KSGARRIK1Q

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) July 15, 2023

What happened in the World Economy last Week – in charts – w28 (Bloomberg)

🌎 Charting the Global Economy: #Inflation Cools Further in US – Bloomberghttps://t.co/KM7CfAZaT9 pic.twitter.com/yrj2rVXyrl

— fastreveal (@fastrevealnews) July 16, 2023

*Note: Previous reports can be found here