W Week Ahead

Week Ahead Preview: French Election Results; U.S. and Chinese CPI, PPI; Fed’s Powell To Testify; Modi Meets Putin; U.S. Earnings

07 July, 2024
christophe-barraud-week-ahead-2021

From the second round of French legislative elections to the U.S. and Chinese inflation reports to the kickoff of major US bank earnings and lots of sports, here’s what you need to know about the week ahead. 

Sunday

Second round of French legislative elections

Monday

Indian Prime Minister Narendra Modi to visit Moscow for talks with Russian President Vladimir Putin – Bloomberg

Largest union at South Korea’s Samsung Electronics set to start three-day walkout – Bloomberg

Japan May labor cash earnings

BOE policy maker Jonathan Haskel speaks at ESCoE/Kings College in London – Bloomberg

US June NY Fed 1-Yr Inflation Expectations

US May consumer credit

Tuesday

NATO annual summit in Washington, with the Ukraine war, China’s support for Russia and upheaval in US politics in focus. Through July 11 – Bloomberg

China June aggregate financing, money supply, new yuan loans

ECB Executive Board member Piero Cipollone speaks via video to digital euro event organized by the Central Bank of Cyprus – Bloomberg

The new UK Parliament holds its first meeting for members to take the oath of office – Bloomberg

US June NFIB survey

Fed Vice Chair for Supervision Michael Barr, Governor Michelle Bowman speak on financial inclusion practices at Fed conference in Washington – Bloomberg

Chair Jerome Powell delivers the Federal Reserve’s semi-annual testimony to the Senate Banking Committee – Bloomberg

US Treasury Secretary Janet Yellen testifies to the House Financial Services Committee on the international financial system – Bloomberg

Wednesday

Japan and the Arab League will hold the two-day Japan-Arab Economic Forum in Tokyo, starting Wednesday – Nikkei

China June CPI, PPI

Japan May PPI

Reserve Bank of New Zealand issues monetary policy review

Istat to release the note on Italian economY – Bloomberg

Deutsche Bundesbank President Joachim Nagel is part of an invited speakers series about the digital euro. 

Austrian National Bank Governor Robert Holzmann speaks at an energy transition event – Bloomberg

BOE chief economist Huw Pill delivers speech at Asia House – Bloomberg

BOE policy maker Catherine Mann speaks on investment hurdles at Alliance Manchester Business School event on productivity – Bloomberg

Federal Reserve Jerome Powell testifies before the House Financial Services Committee – Bloomberg

Chicago Fed President Austan Goolsbee and Fed Governor Michelle Bowman speak at “Fed Listens” event focused on the childcare industry, working parents and employers – Bloomberg

Fed Governor Lisa Cook speaks on global inflation and monetary policy challenges at Australian Conference of Economists meeting in Adelaide (July 11 local time) – Bloomberg

Thursday

UK May industrial production

US June CPI

US June monthly budget statement

Atlanta Fed President Raphael Bostic speaks about economic inclusion at National Credit Union Administration’s Diversity, Equity, and Inclusion summit – Bloomberg

St. Louis Fed President Alberto Musalem answers questions about the US economy and monetary policy in Little Rock, Arkansas – Bloomberg

Friday

China June trade data

Bank of England releases an article from its Quarterly Bulletin titled “About a rate of interest: how monetary policy transmits” – Bloomberg

US June PPI

US July University of Michigan consumer sentiment

Citigroup, JPMorgan, Wells Fargo and Bank of New York Mellon report quarterly earnings and could show a jump in investment-banking revenue – Bloomberg

Earnings

Previews

https://twitter.com/C_Barraud/status/1809840317786402940

*French Election

Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w27

What Happened in the World Economy Last Week – in charts – w26 (Bloomberg)


*Note: Previous reports can be found here