W Week Ahead

Week Ahead Preview: Fed Beige Book; Eurozone and Tokyo CPI; U.S. PCE Core Inflation; South Africa Election; Central Bankers Speeches

26 May, 2024

From the Fed Beige Book to the Eurozone CPI to the election in South Africa, here’s what you need to know about the week ahead.


🌎 🇺🇸 🇬🇧 US Memorial Day holiday observed. Financial markets closed. UK financial markets are closed for spring bank holiday – Bloomberg

🇯🇵 2024 BOJ-IMES Conference Hosted by the Institute for Monetary and Economic Studies, Bank of Japan – Bloomberg

🌎 🇺🇦 IMF holds discussions with Ukrainian authorities in Warsaw to review economic policies as the country seeks to unlock next tranche of $2.2 billion in aid – Bloomberg

🇪🇺 🇺🇦 EU foreign ministers meet in Brussels to discuss Ukraine and Middle East – Bloomberg

🇨🇳 April industrial profits

🇩🇪 May IFO business climate ⚠

🇪🇺 ECB Governing Council member Boris Vujcic participates `80 Years After Bretton Woods Conference: Building an International Monetary and Financial System for All’ in Hangzhou, China – Bloomberg

🇪🇺 ECB Governing Council member Boris Vujcic speaks at Bretton Woods history conference in Hangzhou, China – Bloomberg

🇪🇺 ECB chief economist Philip Lane speaks in Dublin on inflation in the euro zone – Bloomberg ⚠

🇪🇺 ECB Governing Council member Robert Holzmann speaks at University of Vienna event – Bloomberg


🇪🇺 ECB CPI Expectations

🇪🇺 ECB Executive Board member Isabel Schnabel participates in panel discussion at 2024 BOJ-IMES conference on `Price Dynamics and Monetary Policy Challenges – Lessons Learned and Going Forward’ in Tokyo – Bloomberg

🇺🇸 March housing prices

🇺🇸 May Conference Board consumer confidence

🇺🇸 Cleveland Fed President Loretta Mester speaks at BOJ event in Tokyo – Bloomberg

🇺🇸 Fed Governor Michelle Bowman speaks at a closed event at the Bank of Japan – Bloomberg

🇺🇸 🇪🇺 Minneapolis Fed President Neel Kashkari and ECB Governing Council member Klaas Knot address Barclays-CEPR International Monetary Policy forum in London – Bloomberg

🇺🇸 Fed Governor Lisa Cook and San Francisco Fed President Mary Daly speak on a panel about AI and the economy at the San Francisco Fed – Bloomberg


🇿🇦 South African election, the most significant since the end of apartheid. The African National Congress could lose majority for first time since taking power in 1994, polling suggests – Bloomberg ⚠

🇯🇵 BOJ board member Seiji Adachi speaks in Kumamoto – Bloomberg

🇪🇺 April monetary developments

🇩🇪 May CPI ⚠

🇪🇺 ECB Governing Council member Francois Villeroy de Galhau speaks at presentation of bank supervisor ACPR’s annual report – Bloomberg

🇺🇸 Fed Beige Book ⚠

🇺🇸 New York Fed President John Williams at Watertown Community Services Roundtable in Watertown, New York – Bloomberg

🇺🇸 Atlanta Fed President Raphael Bostic speaks in a moderated conversation on the economic outlook and leadership – Bloomberg

🇺🇸 🇨🇳 US-China “high-level” climate event in California through Thursday – Bloomberg


🌎 Informal meeting of NATO foreign ministers in Prague, through Friday – Bloomberg

🇦🇺 Reserve Bank of Australia Assistant Governor Sarah Hunter speaks at Australasian Investor Relations Association conference – Bloomberg

🇪🇸 May CPI

🇪🇺 April unemployment rate

🇪🇺 May economic confidence

🇨🇭 Swiss National Bank President Thomas Jordan speaks at Bank of Korea International Conference in Seoul – Bloomberg

🇺🇸 Q1 GDP 2nd estimate

🇺🇸 April pending home sales

🇺🇸 New York Fed President John Williams speaks at the Economic Club of New York – Bloomberg

🇺🇸 Dallas Fed President Lorie Logan speaks at event hosted by Borderplex Alliance in El Paso, Texas – Bloomberg


🌏 The IISS Shangri-La Dialogue is Asia’s premier defense summit, is held in Singapore through June 2. Chinese Defense Minister Dong Jun is expected to attend – Bloomberg

🇯🇵 May Tokyo CPI

🇬🇷 🇫🇷 🇮🇹 Major Sovereign Rating Updates: Greece (Fitch), France (S&P), Italy (Moody’s) ⚠

🇫🇷 May CPI

🇪🇺 May CPI ⚠

🇪🇺 ECB Governing Council member Boris Vujcic participates in panel in Seoul on Trends in International Trade and Financial Flows – Bloomberg

🇪🇺 ECB’s Panetta Speaks at Bank of Italy Event – Bloomberg

🇺🇸 April personal income and spending

🇺🇸 April core PCE inflation index ⚠

🇨🇦 Q1 GDP

🇺🇸 Atlanta Fed President Raphael Bostic gives commencement speech to Augusta Technical College – Bloomberg




Focus on U.S. Economic Calendar


Top 10 Macro/Financial Charts of the Previous Week – w21

What Happened in the World Economy Last Week – in charts – w21 (Bloomberg)

*Note: Previous reports can be found here