W Week Ahead

Week Ahead Preview: Fed Meeting; BOJ Minutes; U.S. Treasury Quarterly Refunding; OECD Economic Outlook; U.S. Employment Report; Chinese PMIs; Central Banks’ Speeches

28 April, 2024
christophe-barraud-week-ahead-2021

From Fed meeting to April’s U.S. jobs report to the BOJ Minutes and a rush of corporate earnings reports, here’s what you need to know for the week ahead.

Monday

🇨🇳 All four Chinese megabanks report first-quarter earnings

🇪🇸 Spanish Prime Minister Pedro Sanchez is expected to announce whether he’ll quit, stay or seeks a confidence vote – Bloomberg ⚠

🇪🇸 April CPI ⚠

🇩🇪 April CPI ⚠

🇪🇺 April economic confidence

*Speakers

🇪🇺 ECB Governing Council member Pablo Hernandez de Cos speaks at event in Badajoz, Spain – Bloomberg

🇪🇺 ECB Chief Economist Philip Lane gives virtual lecture at University of Stanford – Bloomberg

🇪🇺 ECB Vice President Luis de Guindos gives remarks at a dinner at the Royal Automobile Club organised by Euro50 Group in London, UK -Bloomberg

Tuesday

🇨🇳 April manufacturing and non-manufacturing PMIs ⚠

🇨🇳 April Caxin manufacturing PMI ⚠

🇫🇷 April CPI

🇫🇷 Q1 GDP (first estimate)

🇩🇪 March retail sales

🇩🇪 April unemployment rate

🇩🇪 Q1 GDP (first estimate)

🇮🇹 April CPI

🇮🇹 Q1 GDP (first estimate)

🇪🇺 April CPI ⚠

🇪🇺 Q1 GDP (first estimate) ⚠

🇬🇧 Quarterly government debt and deficit estimate 

🇺🇸 February housing prices (S&P Corelogic CS and FHFA)

🇺🇸 Q1 Employment cost index ⚠

🇺🇸 April Conf. Board consumer confidence ⚠

*Speakers

🇬🇧 BOE official Sasha Mills speaks on “securing financial stability” at the London Institute of Banking and Finance – Bloomberg

Wednesday

🇲🇴 April casino revenue

🇰🇷 April trade data

🇳🇿 Reserve Bank of New Zealand publishes financial stability report, holds news conference – Bloomberg

🇪🇺 Labour Day holiday across much of Europe

🇬🇧 April Manufacturing PMI (final estimate)

🇺🇸 ADP employment report

🇺🇸 April Manufacturing PMI (final estimate)

🇺🇸 March construction spending

🇺🇸 April ISM manufacturing ⚠

🇺🇸 March JOLTS ⚠

🇺🇸 Treasury quarterly refunding ⚠

🇺🇸 Fed Meeting ⚠

*Speakers

🇪🇺 ECB Governing Council member Pablo Hernandez de Cos gives speech on monetary policy and inflation in London.

🇺🇸 Fed Chair Powell Holds Post-Meeting Press Conference ⚠

🇨🇦 Bank of Canada Governor Tiff Macklem and Senior Deputy Governor testify to Standing Senate Committee on Banking, Commerce and the Economy – Bloomberg

Thursday

🇯🇵 BOJ Minutes ⚠

🇬🇧 UK holds local elections amid deep rifts in Conservative Party over migration legislation. About 6 million Londoners will vote in the mayoral election, with Labour incumbent Sadiq Khan running for a third term – Bloomberg ⚠

🌎 OECD Economic Outlook ⚠

🇪🇺 April Manufacturing PMI (final estimate)

🇺🇸 Q1 Nonfarm productivity and unit labor costs

🇺🇸 March factory orders

*Speakers (overnight)

🇺🇸 Chicago Fed President Austan Goolsbee participates in a panel discussion at the Hoover Institution – Bloomberg

🇺🇸 New York Fed President John Williams speaks in a panel discussion at the Hoover Institution at Stanford – Bloomberg

Friday

🌎 Orthodox Good Friday holiday in Greece, Romania and Bulgaria. Holidays in China, Japan – Bloomberg

🇫🇷 March industrial production

🇪🇺 March unemployment rate

🇬🇧 April Services PMI (final estimate)

🇺🇸 April employment report ⚠

🇺🇸 April Services PMI (final estimate)

🇺🇸 April ISM Services ⚠

*Speakers

🇺🇸 Fed Governor Lisa Cook gives commencement speech at the Georgia College and State University – Bloomberg

Earnings

https://twitter.com/C_Barraud/status/1784121997770822104

Previews

https://twitter.com/C_Barraud/status/1784459496749736264
https://twitter.com/C_Barraud/status/1783943383892836637
https://twitter.com/C_Barraud/status/1784122432397156603

Focus on U.S. Economic Calendar

https://twitter.com/C_Barraud/status/1784818042595131578

Top 10 Macro/Financial Charts of the Previous Week – w17

https://twitter.com/C_Barraud/status/1784138803310960766

What Happened in the World Economy Last Week – in charts – w17 (Bloomberg)


*Note: Previous reports can be found here